1065 Benedictine St 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 1065 Benedictine St NW, Palm Bay, FL, 32907 priced at $285,500 converts $2,093/mo rent into $199/mo cash flow after a $1,397/mo obligation. Total monthly income equals $2,093/mo, and annual cash flow totals $2,385/yr on $94,643 invested. Return on cash invested prints 22.43% in year one, and rental yield reads 8.8% against a $285,500 entry. Equity gained on principal adds $1,842/yr, while 5% annual appreciation compiles into $78,878 by year five. Five-year ROI reaches 116.95% and total cumulative return in cash sums $110,683. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,093/mo property income covering a $1,397/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.46 Acres lot
$N/A/sqft
No HOA
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Listed by: Jennifer E Weatherholt • One Sotheby's International
Mls Name: Space Coast AOR
Mls ID: #1046421
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