8526 Lyside DrMelbourneFL32940
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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 Melbourne at 8526 Lyside Dr, Melbourne, FL, 32940 earns $133/mo cash flow from $4,530/mo rent with a $3,097/mo payment. Total monthly income totals $4,530/mo, and annual cash flow totals $1,593/yr on $208,158 capital. ROI tracks 20.83% on current figures, and rental yield reads 8.59% at a $632,700 purchase. Equity gained on principal adds $4,083/yr, and 5% annual appreciation supports $174,803 over five years. Five-year ROI reaches 108.73% and total cumulative return in cash sums $226,326. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,530/mo property income instead of your personal income.
Single Family
Built in 2024
3,920 sqft lot
$N/A/sqft
$595 quarterly 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: C Scott Miller Jr • Viera Builders Realty, Inc.
Mls Name: Space Coast AOR
Mls ID: #1004055
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.