4520 Manchester DrRockledgeFL32955
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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 Rockledge at 4520 Manchester Dr, Rockledge, FL, 32955 earns $174/mo cash flow from $3,046/mo rent with a $2,080/mo payment. Total monthly income totals $3,046/mo, and annual cash flow totals $2,085/yr on $140,888 capital. ROI tracks 21.39% on current figures, and rental yield reads 8.6% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 111.52% and total cumulative return in cash sums $157,121. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,046/mo property income instead of your personal income.
Single Family
Built in 2003
6,098 sqft lot
$N/A/sqft
$625 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
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Listed by: Mona Stevenson • Cloud 9 Real Estate Group
Mls Name: Space Coast AOR
Mls ID: #1041442
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.