4045 Caladium CirWest MelbourneFL32904
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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 West Melbourne at 4045 Caladium Cir, West Melbourne, FL, 32904 priced at $379,990 converts $4,162/mo rent into $1,321/mo cash flow after a $1,860/mo obligation. Total monthly income equals $4,162/mo, and annual cash flow totals $15,849/yr on $125,967 invested. Return on cash invested prints 32.49% in year one, and rental yield reads 13.14% against a $379,990 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation compiles into $104,984 by year five. Five-year ROI reaches 172% and total cumulative return in cash sums $216,657. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,162/mo property income covering a $1,860/mo payment, not borrower’s personal income.
Single Family
Built in 2018
9,148 sqft lot
$N/A/sqft
$227 monthly 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: Lisa Manzo • WIN-WIN REAL ESTATE SERVICES LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6194513
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511