953 Bayward LnRockledgeFL32955
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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 Rockledge at 953 Bayward Ln, Rockledge, FL, 32955 uses $123,484 cash to close to unlock $2,667/yr annual cash flow and $222/mo monthly cash flow. Total monthly income runs $2,758/mo, and a $1,823/mo payment keeps the spread at $222/mo. Purchase price stands at $372,500, and rental yield measures 8.88% with $2,758/mo rent. Return on cash invested shows 22.07% in year one, and 5% annual appreciation builds toward $102,915 over five years. Five-year ROI reaches 115.26% and total cumulative return in cash records $142,330. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,758/mo property income covering a $1,823/mo payment rather than investor’s personal income.
Single Family
Built in 1965
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32955, Rockledge, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,998 (100%) |
| Owner Occupied HU | 13,480 (71.0%) |
| Renter Occupied HU | 4,319 (22.7%) |
| Vacant Housing Units | 1,199 ( 6.3%) |
| Median Home Value | $390,473 |
| Average Home Value | $457,707 |
Housing Distribution
Address Breakdown
Residential
17,897
Single Family
15,167
Multi-Family
2,730
Businesses
1,156
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