1642 Cardinal Ct, Melbourne, FL 32935

3 bd · 2 ba · 1,036 sqft · built 1985 · Melbourne · SINGLE_FAMILY·source listing ↗

$159,900

rent, three ways

OnePercent model (vv1)$1,943/mo

p10–p90 confidence band

HUD Fair Market Rent · 32935 · 3BR$2,410/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Brevard

Flood risk indexVery High FEMA NRI

Median household income$64,588

Median area rent$1,491/mo

Median home value$263,200

the verdict

1.22%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$159,900

1.22% · rent $1,943

Intrinsic value · income approach

$267,535

40% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.