624 Ridge Club Dr #86, Melbourne, FL, 32934 | $537/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Melbourne at 624 Ridge Club Dr #86, Melbourne, FL, 32934 earns $537/mo cash flow from $1,658/mo rent with a $827/mo payment. Total monthly income totals $1,658/mo, and annual cash flow totals $6,440/yr on $56,023 capital. ROI tracks 31.4% on current figures, and rental yield reads 11.77% at a $168,999 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,691 over five years. Five-year ROI reaches 165.09% and total cumulative return in cash sums $92,491. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,658/mo property income instead of your personal income.

Condo

Built in 1985

4,356 sqft lot

$N/A/sqft

No HOA