520 Topsail DrRockledgeFL32955
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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 Rockledge at 520 Topsail Dr, Rockledge, FL, 32955 offers $6,791/mo rent that, after a $4,381/mo payment, leaves $820/mo cash flow. Total monthly income is $6,791/mo, and annual cash flow is $9,840/yr on $294,455 cash. Return on cash invested measures 23.4% in year one, and rental yield stands at 9.11% at a $895,000 entry. Equity gained on principal adds $5,775/yr while 5% annual appreciation compounds into $247,272 by year five. Five-year ROI records 122.17% and total cumulative return in cash reaches $359,738. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,791/mo property income versus a $4,381/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.33 Acres lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32955, Rockledge, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,998 (100%) |
| Owner Occupied HU | 13,480 (71.0%) |
| Renter Occupied HU | 4,319 (22.7%) |
| Vacant Housing Units | 1,199 ( 6.3%) |
| Median Home Value | $390,473 |
| Average Home Value | $457,707 |
Housing Distribution
Address Breakdown
Residential
17,897
Single Family
15,167
Multi-Family
2,730
Businesses
1,156
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Listed by: Brandy Dismore Torres • Kimco Real Estate
Mls Name: Space Coast AOR
Mls ID: #981272
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.