4183 Chelan DrMelbourneFL32934
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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 4183 Chelan Dr, Melbourne, FL, 32934 earns from $2,492/mo rent with a $2,178/mo payment. Total monthly income totals $2,492/mo. ROI tracks 15.87% on current figures, and rental yield reads 6.72% at a $445,000 purchase. Equity gained on principal adds $2,872/yr, and 5% annual appreciation supports $122,945 over five years. Five-year ROI reaches 81.88% and total cumulative return in cash sums $120,788. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,492/mo property income instead of your personal income.
Single Family
Built in 1998
8,712 sqft lot
$N/A/sqft
$425 annually HOA
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Nearby investment properties with comparable prices
Listed by: Nick F Farinella Jr. • Coldwell Banker Realty
Mls Name: Space Coast AOR
Mls ID: #1052202
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