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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% |
Rental property for sale in Palm Bay at 1087 Sunflower Ln NE, Palm Bay, FL, 32907 offers $763/mo rent that, after a $489/mo payment. Total monthly income is $763/mo. Return on cash invested measures 16.1% in year one, and rental yield stands at 9.16% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 85.73% and total cumulative return in cash reaches $28,420. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $763/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1980
6,098 sqft lot
$N/A/sqft
$5 voluntary HOA
Date | Event | Price |
|---|---|---|
| 2024-12-11 | Listed for sale | $100,000 |
| 2024-11-12 | Listing removed | $100,000 |
| 2024-10-25 | Pending sale | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $3350.50 | 14.49% | $76,210 | 34.31% |
| 2022-12-25 | $2926.47 | 5.58% | $56,740 | 20.31% |
| 2021-12-25 | $2771.78 | 2.91% | $47,160 | 15.84% |
Listed by: Chris Marcelle • Real Estate Co, LLC
Mls Name: Space Coast AOR
Mls ID: #1031776
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
