4055 Mallard 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
Rental property for sale in Melbourne at 4055 Mallard Dr, Melbourne, FL, 32934 priced at $609,000 converts $2,934/mo rent into after a $2,981/mo obligation. Total monthly income equals $2,934/mo. Return on cash invested prints 13.25% in year one, and rental yield reads 5.78% against a $609,000 entry. Equity gained on principal adds $3,930/yr, while 5% annual appreciation compiles into $168,255 by year five. Five-year ROI reaches 67.75% and total cumulative return in cash sums $135,749. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,934/mo property income covering a $2,981/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.54 Acres lot
$N/A/sqft
$355 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eva Roach • RE/MAX Aerospace Realty
Mls Name: Space Coast AOR
Mls ID: #1046334
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.