81 Lamplighter Dr,Melbourne,FL,32934

Investment Highlights

Investment property for sale in Melbourne at 81 Lamplighter Dr, Melbourne, FL, 32934 listed at $169,900 pairs $1,383/mo rent with a $832/mo payment to leave $255/mo cash flow. Total monthly income runs $1,383/mo, and annual cash flow reaches $3,061/yr on $56,322 cash to close. Return on cash invested measures 25.34% in year one, and rental yield registers 9.77% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 132.65% and total cumulative return in cash totals $74,714. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,383/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).