3935 Turkey Point DrMelbourneFL32934
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3935 Turkey Point Dr, Melbourne, FL, 32934 with 5% annual appreciation on a $948,500 basis while $2,934/mo rent supports operations. 04% in year one. Equity gained on principal adds $6,121/yr, and five-year appreciation sums $262,053 alongside rental yield of 3.71%. Five-year ROI measures 34.42% and total cumulative return in cash totals $107,399. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,934/mo property income versus a $4,642/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2009
1 Acres lot
$N/A/sqft
$318 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Karr • Karr Professional Group P.A.
Mls Name: Space Coast AOR
Mls ID: #1023536
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.