5160 Palomino DrMelbourneFL32934
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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 5160 Palomino Dr, Melbourne, FL, 32934 uses $197,400 cash to close to unlock $1,632/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $4,118/mo, and a $2,937/mo payment keeps the spread at $136/mo. Purchase price stands at $599,999, and rental yield measures 8.24% with $4,118/mo rent. Return on cash invested shows 20.89% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 108.63% and total cumulative return in cash records $214,439. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,118/mo property income covering a $2,937/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.97 Acres lot
$N/A/sqft
No HOA
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Listed by: Kelsey Nelson • RE/MAX Elite
Mls Name: Space Coast AOR
Mls ID: #1055320
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