5106 Inspire LnWest MelbourneFL32904
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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 West Melbourne at 5106 Inspire Ln, West Melbourne, FL, 32904 priced at $338,290 pairs $2,640/mo rent with $170/mo cash flow after a $1,656/mo payment. Total monthly income equals $2,640/mo, and annual cash flow comes to $2,038/yr on $112,143 invested. Return on cash invested is 21.73% in year one, and rental yield stands at 9.36% on a $338,290 basis. Equity gained on principal adds $2,183/yr, and 5% annual appreciation accumulates to $93,463 by year five. Five-year ROI measures 114.03% and total cumulative return in cash reaches $127,881. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $1,656/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
2,070 sqft lot
$N/A/sqft
$225 monthly 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: Adrienne Escott • PULTE REALTY OF NORTH FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6309710
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511