775 Triple Crown LnWest 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 775 Triple Crown Ln, West Melbourne, FL, 32904 with 5% annual appreciation on a $445,000 basis while $3,167/mo rent supports operations. Total monthly income totals $3,167/mo and a $2,178/mo payment preserves $214/mo for cash returns. Annual cash flow comes to $2,568/yr on $147,518 deployed, and return on cash invested reaches 21.65% in year one. Equity gained on principal adds $2,872/yr, and five-year appreciation sums $122,945 alongside rental yield of 8.54%. Five-year ROI measures 112.75% and total cumulative return in cash totals $166,328.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,167/mo property income versus a $2,178/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
8,712 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: Victoria E. Cherry • One Sotheby's International
Mls Name: Space Coast AOR
Mls ID: #1047792