546 Ruth CirWest 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 546 Ruth Cir, West Melbourne, FL, 32904 uses $41,438 cash to close to unlock $1,899/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $988/mo, and a $612/mo payment keeps the spread at $158/mo. Purchase price stands at $125,000, and rental yield measures 9.48% with $988/mo rent. Return on cash invested shows 24.49% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 128.1% and total cumulative return in cash records $53,081. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $988/mo property income covering a $612/mo payment rather than investor’s personal income.
Manufactured
Built in 1980
5,227 sqft lot
$N/A/sqft
No 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: Danielle Farrington • Dream Realty
Mls Name: Space Coast AOR
Mls ID: #1051244