4052 Sparrow Hawk RdMelbourneFL32934
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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 Melbourne at 4052 Sparrow Hawk Rd, Melbourne, FL, 32934 priced at $718,000 converts $5,042/mo rent into $248/mo cash flow after a $3,514/mo obligation. Total monthly income equals $5,042/mo, and annual cash flow totals $2,975/yr on $236,222 invested. Return on cash invested prints 21.32% in year one, and rental yield reads 8.43% against a $718,000 entry. Equity gained on principal adds $4,633/yr, while 5% annual appreciation compiles into $198,370 by year five. Five-year ROI reaches 111.01% and total cumulative return in cash sums $262,227. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,042/mo property income covering a $3,514/mo payment, not borrower’s personal income.
Single Family
Built in 1989
1.01 Acres lot
$N/A/sqft
$355 annually HOA
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Listed by: Jeff Richardson • Relentless Real Estate Co.
Mls Name: Space Coast AOR
Mls ID: #1034367
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