627 Ridge Club Dr #14, Melbourne, FL, 32934 | $165/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

Rental property for sale in Melbourne at 627 Ridge Club Dr #14, Melbourne, FL, 32934 generates $1,223/mo in rent and, after a $780/mo payment, leaves $165/mo in cash flow. Total monthly income is $1,223/mo, and annual cash flow is $1,985/yr on $52,841 invested. Return on cash invested sits at 23.66% in year one, and rental yield is 9.21% on a $159,400 entry. Equity gained on principal adds $1,029/yr, while 5% annual appreciation builds toward $44,039 over five years. Five-year ROI reaches 123.62% and total cumulative return in cash sums $65,321. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,223/mo property income rather than buyer’s personal income.

Condo

Built in 1985

4,356 sqft lot

$N/A/sqft

No HOA