3701 Kestrel CtMelbourneFL32934
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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 3701 Kestrel Ct, Melbourne, FL, 32934 priced at $419,000 converts $2,747/mo rent into after a $2,051/mo obligation. Total monthly income equals $2,747/mo. Return on cash invested prints 18.64% in year one, and rental yield reads 7.87% against a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation compiles into $115,762 by year five. Five-year ROI reaches 97.01% and total cumulative return in cash sums $134,741. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,747/mo property income covering a $2,051/mo payment, not borrower’s personal income.
Single Family
Built in 1997
9,147 sqft lot
$N/A/sqft
$420 annually HOA
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Nearby investment properties with comparable prices
Listed by: Jennifer M Penna • Blue Marlin Real Estate
Mls Name: Space Coast AOR
Mls ID: #1034015
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