4065 Leona CtMerritt IslandFL32952
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 Merritt Island at 4065 Leona Ct, Merritt Island, FL, 32952 earns from $4,867/mo rent with a $3,695/mo payment. Total monthly income totals $4,867/mo. ROI tracks 19.37% on current figures, and rental yield reads 7.74% at a $754,995 purchase. Equity gained on principal adds $4,872/yr, and 5% annual appreciation supports $208,591 over five years. Five-year ROI reaches 100.52% and total cumulative return in cash sums $249,686. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,867/mo property income instead of your personal income.
Single Family
Built in 1983
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32952, Merritt Island, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,883 (100%) |
| Owner Occupied HU | 7,588 (76.8%) |
| Renter Occupied HU | 1,504 (15.2%) |
| Vacant Housing Units | 791 ( 8.0%) |
| Median Home Value | $490,042 |
| Average Home Value | $594,380 |
Housing Distribution
Address Breakdown
Residential
9,202
Single Family
8,511
Multi-Family
691
Businesses
561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew R Stebbins • Dalton Wade, Inc.
Mls Name: Space Coast AOR
Mls ID: #1054798