526 Susan DrWest 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 Susan Dr, West Melbourne, FL, 32904 with 5% annual appreciation on a $194,400 basis while $3,238/mo rent supports operations. Total monthly income totals $3,238/mo and a $951/mo payment preserves $1,830/mo for cash returns. Annual cash flow comes to $21,965/yr on $64,444 deployed, and return on cash invested reaches 53.99% in year one. Equity gained on principal adds $1,254/yr, and five-year appreciation sums $53,709 alongside rental yield of 19.99%. Five-year ROI measures 287.04% and total cumulative return in cash totals $184,982.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,238/mo property income versus a $951/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1985
5,227 sqft lot
$N/A/sqft
$118 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: Donna Shepherd • CENTURY 21 Circle
Mls Name: Space Coast AOR
Mls ID: #1010114
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.