Chase Plan, Farallon FieldsVieraFL32940
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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 Viera at Chase Plan, Farallon Fields, Viera, FL, 32940 offers a 9.08% rental yield on a $524,400 purchase with $3,966/mo rent. Total monthly income registers $3,966/mo, and a $2,567/mo payment leaves $486/mo available for distribution. Annual cash flow reaches $5,828/yr on $172,528 to close, and return on cash invested stands at 23.44% in year one. Equity gained on principal adds $3,384/yr while 5% annual appreciation supports $144,882 over five years. Portfolio math shows five-year ROI at 122.32% and total cumulative return in cash at $211,044. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,966/mo property income against a $2,567/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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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