410 Lund CirMelbourneFL32901
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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
Investment property for sale in Melbourne at 410 Lund Cir, Melbourne, FL, 32901 with 5% annual appreciation on a $272,500 basis while $1,944/mo rent supports operations. Total monthly income totals $1,944/mo and a $1,334/mo payment preserves $135/mo for cash returns. Annual cash flow comes to $1,625/yr on $90,334 deployed, and return on cash invested reaches 21.71% in year one. Equity gained on principal adds $1,758/yr, and five-year appreciation sums $75,287 alongside rental yield of 8.56%. Five-year ROI measures 113.09% and total cumulative return in cash totals $102,162.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,944/mo property income versus a $1,334/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32901, Melbourne, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,480 (100%) |
| Owner Occupied HU | 6,367 (44.0%) |
| Renter Occupied HU | 6,469 (44.7%) |
| Vacant Housing Units | 1,644 (11.4%) |
| Median Home Value | $319,748 |
| Average Home Value | $342,688 |
Housing Distribution
Address Breakdown
Residential
13,045
Single Family
9,940
Multi-Family
3,105
Businesses
1,439
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