Pays for itselfFits 2 partner lending programs

200 Bounty St, Unit A2-104, Merritt Island, FL 32952

Merritt Island, FL 32952 · 3 bd · 2 ba · 882 sqft · Townhouse · 111 days on market

The math, in full

Asking price
$175,000
Down payment (15%)
$26,250
Loan amount
$148,750
Est. monthly rent
Range $2,805–$3,795/mo
$3,300/mo
Monthly payment, all-in
Mortgage + taxes + insurance (PITIA)
$1,438/mo
Cashflow ratio (DSCR)
$3,300 rent ÷ $1,438 payment
2.30
Monthly cashflow
What's left after the payment
+$1,862/mo

Where the rent number comes from

Median asking rent for 3-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

$26,250

15% down on $175,000

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

  • Screened against real lending criteria — this one fits 2 programs.
  • Qualifies on the property's rent — no W-2 or tax returns.
  • Listing data verified as of June 9, 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.