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© 2026 OnePercent · Estimates carry bands, never promises.the line

3556 Elcar Dr, Melbourne, FL 32904 — $42,900 · ~3.3% rule | OnePercent

3556 Elcar Dr, Melbourne, FL 32904

$42,900

Overview Financials Comps Location Analysis Calculator Nearby Risk Neighborhood Market

Home·Melbourne 32904·3556 Elcar Dr, Melbourne, FL 32904

Confirmed 1 day ago

3556 Elcar Dr, Melbourne, FL 32904

1 ba · built 1973 · Melbourne · MOBILE·source listing ↗

$42,900

rent, three ways

OnePercent model (vv1)$1,399/mo

p10–p90 confidence band

HUD Fair Market Rent · 32904 · $1,540/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

the locale

County

Brevard

Flood risk indexVery High FEMA NRI

Median household income$90,673

Median area rent$1,817/mo

Median home value$366,300

the verdict

3.26%vs 1.2% target

Modeled rent: $1,399/morent estimate
Property tax: —listing
Insurance: $4,201/yrstate avg
HOA: Nonelisting

Cap rate: 26.1%
Cash flow: +$717/mo
Cash-on-cash: 87.2%

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

$42,900

3.26% · rent $1,399

Intrinsic value · income approach

$227,874

81% 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.

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