4630 Elena Way, Melbourne, FL, 32934 | $656/mo Cash Flow

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Melbourne at 4630 Elena Way, Melbourne, FL, 32934 generates $2,879/mo in rent and, after a $1,640/mo payment, leaves $656/mo in cash flow. Total monthly income is $2,879/mo, and annual cash flow is $7,866/yr on $111,053 invested. Return on cash invested sits at 26.99% in year one, and rental yield is 10.31% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 141.43% and total cumulative return in cash sums $157,064. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,879/mo property income rather than buyer’s personal income.

Single Family

Built in 2006

5,227 sqft lot

$N/A/sqft

No HOA