1019 Lee Ave NWPalm BayFL32907
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Palm Bay at 1019 Lee Ave NW, Palm Bay, FL, 32907 priced at $213,500 pairs $1,516/mo rent with after a $1,045/mo payment. Total monthly income equals $1,516/mo. Return on cash invested is 19.86% in year one, and rental yield stands at 8.52% on a $213,500 basis. Equity gained on principal adds $1,378/yr, and 5% annual appreciation accumulates to $58,986 by year five. Five-year ROI measures 103.86% and total cumulative return in cash reaches $73,510. For financing, Ziffy Mortgage’s DSCR program evaluates $1,516/mo property income against a $1,045/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
10,018 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Dorothy C Rosario • LPT Realty, LLC
Mls Name: Space Coast AOR
Mls ID: #1056040
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