4141 Chardonnay DrRockledgeFL32955
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 4141 Chardonnay Dr, Rockledge, FL, 32955 in Rockledge at $489,900 earns $3,538/mo in rent and nets $162/mo after the $2,203/mo payment, a 8.67% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $135,350 over five years. Ziffy Mortgage underwrites this on a 1.61 DSCR without U.S. credit history. With $4,512/yr in principal paydown, total projected return reaches $197,746.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.5% |
| Monthly Cash Flow | $162 | $1,200 |
City averages based on Rockledge market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,538 |
| Total Monthly Debt Service | $3,180 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
6,098 sqft lot
$N/A/sqft
$745 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32955, Rockledge, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,998 (100%) |
| Owner Occupied HU | 13,480 (71.0%) |
| Renter Occupied HU | 4,319 (22.7%) |
| Vacant Housing Units | 1,199 ( 6.3%) |
| Median Home Value | $390,473 |
| Average Home Value | $457,707 |
Housing Distribution
Address Breakdown
Residential
17,897
Single Family
15,167
Multi-Family
2,730
Businesses
1,156
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
Single Family
Built in 2003
6,098 sqft lot
$N/A/sqft
$745 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32955, Rockledge, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,998 (100%) |
| Owner Occupied HU | 13,480 (71.0%) |
| Renter Occupied HU | 4,319 (22.7%) |
| Vacant Housing Units | 1,199 ( 6.3%) |
| Median Home Value | $390,473 |
| Average Home Value | $457,707 |
Housing Distribution
Address Breakdown
Residential
17,897
Single Family
15,167
Multi-Family
2,730
Businesses
1,156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Berge • LaRocque & Co., Realtors
Mls Name: Space Coast AOR
Mls ID: #1044013
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.