3624 Province DrMelbourneFL32934
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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
Investment property for sale in Melbourne at 3624 Province Dr, Melbourne, FL, 32934 listed at $959,000 pairs $5,228/mo rent with a $4,694/mo payment. Total monthly income runs $5,228/mo. Return on cash invested measures 15.43% in year one, and rental yield registers 6.54% at a $959,000 basis. Equity gained on principal adds $6,188/yr, and annual property appreciation at 5% supports $264,954 by year five. Five-year ROI tracks 79.47% and total cumulative return in cash totals $250,735. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,228/mo property income relative to a $4,694/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
0.67 Acres lot
$N/A/sqft
$246 quarterly HOA
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Listed by: Angela O'Brien • RE/MAX Elite
Mls Name: Space Coast AOR
Mls ID: #1029340
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