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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Palm Bay at 1069 NE Bacon Cirle, Palm Bay, FL, 32905 earns $382/mo cash flow from $2,340/mo rent with a $1,444/mo payment. Total monthly income totals $2,340/mo, and annual cash flow totals $4,587/yr on $97,793 capital. ROI tracks 24.6% on current figures, and rental yield reads 9.52% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 128.61% and total cumulative return in cash sums $125,774. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,340/mo property income instead of your personal income.
Multi Family
Built in 1964
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 32905, Palm Bay, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,522 (100%) |
| Owner Occupied HU | 6,818 (50.4%) |
| Renter Occupied HU | 5,409 (40.0%) |
| Vacant Housing Units | 1,295 ( 9.6%) |
| Median Home Value | $250,716 |
| Average Home Value | $271,753 |
Residential
13,064
Single Family
10,740
Multi-Family
2,324
Businesses
956
Date | Event | Price |
|---|---|---|
| 2025-04-05 | Listed for sale | $295,000 |
| 2014-05-08 | Sold | $67,500 |
| 2013-10-25 | Price change | $79,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $2510.30 | 5.18% | $182,400 | 3.26% |
| 2023-04-18 | $2386.60 | 22.37% | $176,640 | 36.30% |
| 2022-04-18 | $1950.26 | 18.59% | $129,600 | 68.55% |
Listed by: Adam Von Romer, CCIM • Axis Realty Advisors, INC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10496484
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
