396 Dolphin StMelbourne BeachFL32951
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
Total monthly income runs $4,044/mo, and a $3,118/mo payment. Purchase price stands at $637,000, and rental yield measures 7.62% with $4,044/mo rent. Return on cash invested shows 18.98% in year one, and 5% annual appreciation builds toward $175,991 over five years. Five-year ROI reaches 98.45% and total cumulative return in cash records $206,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,044/mo property income covering a $3,118/mo payment rather than investor’s personal income.
Single Family
Built in 1988
9,147 sqft lot
$N/A/sqft
$60 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32951, Melbourne Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,201 (100%) |
| Owner Occupied HU | 5,115 (71.0%) |
| Renter Occupied HU | 559 ( 7.8%) |
| Vacant Housing Units | 1,527 (21.2%) |
| Median Home Value | $609,081 |
| Average Home Value | $720,236 |
Housing Distribution
Address Breakdown
Residential
6,285
Single Family
5,166
Multi-Family
1,119
Businesses
282
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rula Kakish Rukab • Keller Williams Realty Brevard
Mls Name: Space Coast AOR
Mls ID: #1043853
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.