4204 Long Leaf DrMelbourneFL32940
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 Melbourne at 4204 Long Leaf Dr, Melbourne, FL, 32940 offers a 8.85% rental yield on a $555,000 purchase with $4,093/mo rent. Total monthly income registers $4,093/mo, and a $2,716/mo payment leaves $387/mo available for distribution. Annual cash flow reaches $4,649/yr on $182,595 to close, and return on cash invested stands at 22.61% in year one. Equity gained on principal adds $3,581/yr while 5% annual appreciation supports $153,336 over five years. Portfolio math shows five-year ROI at 117.93% and total cumulative return in cash at $215,336. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,093/mo property income against a $2,716/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.26 Acres lot
$N/A/sqft
$275 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32940, Melbourne, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,025 (100%) |
| Owner Occupied HU | 18,755 (74.9%) |
| Renter Occupied HU | 4,298 (17.2%) |
| Vacant Housing Units | 1,972 ( 7.9%) |
| Median Home Value | $509,701 |
| Average Home Value | $561,457 |
Housing Distribution
Address Breakdown
Residential
23,879
Single Family
20,450
Multi-Family
3,429
Businesses
1,249
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lorri Jean Esty • HomeSmart Coastal Realty
Mls Name: Space Coast AOR
Mls ID: #1048975
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.