8105 Lyside DriveMelbourneFL32940
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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
Rental property for sale in Melbourne at 8105 Lyside Drive, Melbourne, FL, 32940 priced at $1,010,000 converts $3,628/mo rent into after a $4,943/mo obligation. Total monthly income equals $3,628/mo. Return on cash invested prints 8.61% in year one, and rental yield reads 4.31% against a $1,010,000 entry. Equity gained on principal adds $6,517/yr, while 5% annual appreciation compiles into $279,044 by year five. Five-year ROI reaches 42.94% and total cumulative return in cash sums $140,507. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,628/mo property income covering a $4,943/mo payment, not borrower’s personal income.
Single Family
Built in 2023
10,454 sqft lot
$N/A/sqft
$95 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32940, Melbourne, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,025 (100%) |
| Owner Occupied HU | 18,755 (74.9%) |
| Renter Occupied HU | 4,298 (17.2%) |
| Vacant Housing Units | 1,972 ( 7.9%) |
| Median Home Value | $509,701 |
| Average Home Value | $561,457 |
Housing Distribution
Address Breakdown
Residential
23,879
Single Family
20,450
Multi-Family
3,429
Businesses
1,249
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Listed by: Dwayne Byrd • Arium Real Estate, LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11058705
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.