3671 Big Pine RdMelbourneFL32934
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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 3671 Big Pine Rd, Melbourne, FL, 32934 priced at $975,000 converts $4,806/mo rent into after a $4,772/mo obligation. Total monthly income equals $4,806/mo. Return on cash invested prints 13.74% in year one, and rental yield reads 5.92% against a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation compiles into $269,375 by year five. Five-year ROI reaches 70.33% and total cumulative return in cash sums $225,603. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,806/mo property income covering a $4,772/mo payment, not borrower’s personal income.
Single Family
Built in 1989
1.34 Acres lot
$N/A/sqft
$320 annually HOA
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Nearby investment properties with comparable prices
Listed by: Amanda Carrie Maidhof • Premium Properties Real Estate
Mls Name: Space Coast AOR
Mls ID: #1022826
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