625 Ridge Club Dr #13, Melbourne, FL, 32934 | $199/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 625 Ridge Club Dr #13, Melbourne, FL, 32934 uses $59,637 cash to close to unlock $2,384/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $1,393/mo, and a $881/mo payment keeps the spread at $199/mo. Purchase price stands at $179,900, and rental yield measures 9.29% with $1,393/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 124.87% and total cumulative return in cash records $74,469. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,393/mo property income covering a $881/mo payment rather than investor’s personal income.

Condo

Built in 1985

4,356 sqft lot

$N/A/sqft

No HOA