1094 Locust Ave NWPalm BayFL32907
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Nearby investment properties with comparable prices
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
Investment property for sale in Palm Bay at 1094 Locust Ave NW, Palm Bay, FL, 32907 earns from $2,327/mo rent with a $1,640/mo payment. Total monthly income totals $2,327/mo. ROI tracks 19.04% on current figures, and rental yield reads 8.34% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 99.5% and total cumulative return in cash sums $110,492. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,327/mo property income instead of your personal income.
Single Family
Built in 2004
0.34 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Randall Wouters • EXP Realty LLC
Mls Name: Space Coast AOR
Mls ID: #1047437
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