526 Lee CtWest 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
Investment property for sale in West Melbourne at 526 Lee Ct, West Melbourne, FL, 32904 earns $43/mo cash flow from $1,161/mo rent with a $734/mo payment. Total monthly income totals $1,161/mo, and annual cash flow totals $513/yr on $49,725 capital. ROI tracks 20.94% on current figures, and rental yield reads 9.29% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 110.06% and total cumulative return in cash sums $54,726. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,161/mo property income instead of your personal income.
Manufactured
Built in 1982
7,841 sqft lot
$N/A/sqft
$123 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: Veronica Figueroa • EXP REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6272413
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