3585 Serenity LnMelbourneFL32934
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Melbourne at 3585 Serenity Ln, Melbourne, FL, 32934 offers $2,756/mo rent that, after a $3,035/mo payment. Total monthly income is $2,756/mo. Return on cash invested measures 12.07% in year one, and rental yield stands at 5.33% at a $620,000 entry. Equity gained on principal adds $4,001/yr while 5% annual appreciation compounds into $171,295 by year five. Five-year ROI records 61.36% and total cumulative return in cash reaches $125,163. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,756/mo property income versus a $3,035/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Michelle Brown • Real Estate Solutions Brevard
Mls Name: Space Coast AOR
Mls ID: #1046257
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