Investment Opportunity! Unlock a solid investment with this tenant-occupied 3-bedroom, 2-bathroom home, nestled in a quiet neighborhood. This home is just minutes away from top amenities, including shopping, dining, parks, and schools, making it attractive to long-term tenants. It's perfect for renters seeking convenience and comfort. This property provides a hassle-free investment with immediate cash flow. Don't miss this rare opportunity to secure a centrally located asset in a high-demand area!
Property Details
Property Features
Property Information:
Year Built: 1958
Stories: 1
Living Area: 1,422 SqFt
Listing Office:
Office Name: Keller Williams Realty Brevard
Office Phone: (321) 259-1170
Listing Agent: Paige Lane, Todd Tracy
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Oven, Electric Range
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,465
Per Month
Principal & Interest
$1,398
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$906
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
University Park Elementary School
500 W University Blvd
Distance between this listing and this school0.74 miles
Public District Grades PK-6
5
/10
Meadowlane Intermediate Elementary School
2700 Wingate Blvd
Distance between this listing and this school2.70 miles
Public District Grades 3-6
4
/10
Imagine Schools at West Melbourne
3355 Imagine Way
Distance between this listing and this school2.73 miles
Public Charter Grades KG-6
Nearby Schools
2
/10
Stone Magnet Middle School
1101 E University Blvd
Distance between this listing and this school1.48 miles
Public Magnet Grades 7-8
3
/10
Central Middle School
2600 Wingate Blvd
Distance between this listing and this school2.52 miles
Public District Grades 7-8
4
/10
Palm Bay Academy Charter School
2112 Palm Bay Rd NE
Distance between this listing and this school2.82 miles
Public Charter Grades KG-8
Nearby Schools
6
/10
Melbourne High School
74 Bulldog Blvd
Distance between this listing and this school1.21 miles
Public District Grades 9-12
3
/10
Palm Bay Magner High School
101 Pirate Ln
Distance between this listing and this school1.75 miles
Public Magnet Grades 9-12
10
/10
West Shore Junior/Senior High School
250 Wildcat Aly
Distance between this listing and this school2.39 miles
The neighbors living near this home have an average income of $70,147. Residents of Melbourne, FL typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2319 Ruffner Rd
What is the listing price of this property?
The listing price of 2319 Ruffner Rd property is $280,000.
What type of property is this?
The property 2319 Ruffner Rd is a house located in Melbourne, Florida, 32901.
Is this property for sale now?
Active Listing: 2319 Ruffner Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $855 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 2, 2005 for $253,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2319 Ruffner Rd has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 2319 Ruffner Rd is 1,422 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2319 Ruffner Rd is 1958.
This home is located at 2319 Ruffner Rd in Melbourne, FL and zip code 32901. This 1,422 square foot home, which was built in 1958, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $280,000.
In October 2024, from all listings sold in Melbourne, FL there were more than 12 sold above asking price, over 160 sold below and more than 65 were sold right at the asked price. In October 2024 in Melbourne, FL there were 2.1% more homes for sale than in September 2024. Listings spent 58 days on the market in October 2024, and had a median list price of $420,837 during the same period.
From Rocket Homes Real Estate and based on county public records data.