150 S Kenneth Ct, Merritt Island, FL 32952

Merritt Island, FL 32952 · 2 bd · 2 ba · 961 sqft · Single Family · 18 days on market

The math, in full

Asking price: $262,000
Down payment (15%): $39,300
Loan amount: $222,700
Est. monthly rent: $2,650/mo; Range $2,253 to $3,047/mo
Monthly payment, all-in: $2,161/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.23; $2,650 rent ÷ $2,161 payment
Monthly cashflow: +$489/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 2-bedroom homes in zip 32952, from current market comps, not a per-property guess. High confidence: plenty of comparable rentals in this zip.

Cash to start

$39,300

15% down on $262,000

Your local lender

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No credit pull. No obligation. A loan officer confirms real terms within one business day.

Screened against real lending criteria. This one fits 3 programs.
Qualifies on the property's rent, no W-2 or tax returns.
Listing data verified as of July 5, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.