4754 Magenta Isles DrMelbourneFL32904
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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 Melbourne at 4754 Magenta Isles Dr, Melbourne, FL, 32904 earns $1,278/mo cash flow from $4,481/mo rent with a $2,203/mo payment. Total monthly income totals $4,481/mo, and annual cash flow totals $15,340/yr on $149,175 capital. ROI tracks 30.19% on current figures, and rental yield reads 11.95% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 159.22% and total cumulative return in cash sums $237,510. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,481/mo property income instead of your personal income.
Single Family
Built in 2020
5,662 sqft lot
$N/A/sqft
$200 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32904, Melbourne, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,570 (100%) |
| Owner Occupied HU | 11,735 (63.2%) |
| Renter Occupied HU | 5,076 (27.3%) |
| Vacant Housing Units | 1,759 ( 9.5%) |
| Median Home Value | $422,742 |
| Average Home Value | $431,583 |
Housing Distribution
Address Breakdown
Residential
17,661
Single Family
14,251
Multi-Family
3,410
Businesses
1,454
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Listed by: Kayla Adamson • Denovo Realty
Mls Name: Space Coast AOR
Mls ID: #1014041
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.