4240 Windover WayMelbourneFL32934
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
Rental property for sale in Melbourne at 4240 Windover Way, Melbourne, FL, 32934 priced at $1,200,000 pairs $11,209/mo rent with $3,221/mo cash flow after a $5,873/mo payment. Total monthly income equals $11,209/mo, and annual cash flow comes to $38,647/yr on $388,800 invested. Return on cash invested is 30.31% in year one, and rental yield stands at 11.21% on a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and 5% annual appreciation accumulates to $331,538 by year five. Five-year ROI measures 159.15% and total cumulative return in cash reaches $618,767. For financing, Ziffy Mortgage’s DSCR program evaluates $11,209/mo property income against a $5,873/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
1.46 Acres lot
$N/A/sqft
$305 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Traci Siegel • Denovo Realty
Mls Name: Space Coast AOR
Mls ID: #1019754
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.