4338 Twin Lakes 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
Rental property for sale in Melbourne at 4338 Twin Lakes Dr, Melbourne, FL, 32934 priced at $145,000 converts $1,138/mo rent into $60/mo cash flow after a $710/mo obligation. Total monthly income equals $1,138/mo, and annual cash flow totals $726/yr on $48,068 invested. Return on cash invested prints 21.42% in year one, and rental yield reads 9.42% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 112.63% and total cumulative return in cash sums $54,140. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,138/mo property income covering a $710/mo payment, not borrower’s personal income.
Manufactured
Built in 1989
9,147 sqft lot
$N/A/sqft
$115 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Chesney Shay Curry • Britton Group, Inc.
Mls Name: Space Coast AOR
Mls ID: #1023887
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