For SaleRisky Deal89 days on market
560 Needle Blvd
560 Needle Blvd, Merritt Island, FL 32953, Merritt Island, FL 32953
$449,000
Estimate®:$437,200
Listing Price
560 Needle Blvd, Merritt Island, FL 32953
Loc: Merritt Island, FL
Days Listed
89
Tax Assessed
$281k
Estimate®
$437k
Market Rate
Lot Size
10,019 sqft
Rent Estimate
$3,362/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
split-level housevinyl sidingstucco exteriorred front doorpalm tree landscapingconcrete drivewayattached garagespacious front lawnsunset lightingsuburbantwo-story architecturemanicured garden beds
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.70%
Total ROI
82.8%
Cash Flow
$-196/mo
DSCR
0.92
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-196/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.7%)
- • Strong rental demand in Merritt Island
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
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