5245 Sand Lake 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 5245 Sand Lake Dr, Melbourne, FL, 32934 at $820,000 posts ROI 15.1% with from $4,325/mo rent. Total monthly income equals $4,325/mo. Return on cash invested measures 15.1% and rental yield reads 6.33% at the current $820,000. Equity gained on principal adds $5,291/yr, and 5% annual appreciation supports $226,551 by year five. Five-year ROI prints 77.58% and total cumulative return in cash totals $209,291. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,325/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
1.54 Acres lot
$N/A/sqft
No HOA
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Listed by: Roy A Clarke • 321 Realty, LLC
Mls Name: Space Coast AOR
Mls ID: #1033431
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