3885 Peacock DrMelbourneFL32904
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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 3885 Peacock Dr, Melbourne, FL, 32904 earns $1,164/mo cash flow from $6,084/mo rent with a $3,597/mo payment. Total monthly income totals $6,084/mo, and annual cash flow totals $13,966/yr on $241,815 capital. ROI tracks 25.84% on current figures, and rental yield reads 9.93% at a $735,000 purchase. Equity gained on principal adds $4,743/yr, and 5% annual appreciation supports $203,067 over five years. Five-year ROI reaches 135.25% and total cumulative return in cash sums $327,060. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,084/mo property income instead of your personal income.
Single Family
Built in 2001
0.51 Acres lot
$N/A/sqft
$516 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32904, Melbourne, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,570 (100%) |
| Owner Occupied HU | 11,735 (63.2%) |
| Renter Occupied HU | 5,076 (27.3%) |
| Vacant Housing Units | 1,759 ( 9.5%) |
| Median Home Value | $422,742 |
| Average Home Value | $431,583 |
Housing Distribution
Address Breakdown
Residential
17,661
Single Family
14,251
Multi-Family
3,410
Businesses
1,454
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Listed by: Paige Lane • Keller Williams Realty Brevard
Mls Name: Space Coast AOR
Mls ID: #979318
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.