5080 Evinrude RdMelbourneFL32934
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
Investment property for sale in Melbourne at 5080 Evinrude Rd, Melbourne, FL, 32934 with 5% annual appreciation on a $399,000 basis while $2,776/mo rent supports operations. Total monthly income totals $2,776/mo and a $1,953/mo payment preserves $128/mo for cash returns. Annual cash flow comes to $1,537/yr on $132,269 deployed, and return on cash invested reaches 21.07% in year one. Equity gained on principal adds $2,575/yr, and five-year appreciation sums $110,236 alongside rental yield of 8.35%. Five-year ROI measures 109.7% and total cumulative return in cash totals $145,094.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,776/mo property income versus a $1,953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
0.41 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christina Riordan • RE/MAX Solutions
Mls Name: Space Coast AOR
Mls ID: #1004541
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.