3702 Shenango Pl, Melbourne, FL, 32934 | $319/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Melbourne at 3702 Shenango Pl, Melbourne, FL, 32934 generates $3,570/mo in rent and, after a $2,398/mo payment, leaves $319/mo in cash flow. Total monthly income is $3,570/mo, and annual cash flow is $3,825/yr on $162,402 invested. Return on cash invested sits at 22.26% in year one, and rental yield is 8.74% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 116.06% and total cumulative return in cash sums $188,477. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,570/mo property income rather than buyer’s personal income.

Single Family

Built in 1988

0.25 Acres lot

$N/A/sqft

No HOA