110 Holiday Park Blvd NE,Palm Bay,FL,32907

Investment Highlights

Rental property for sale in Palm Bay at 110 Holiday Park Blvd NE, Palm Bay, FL, 32907 priced at $209,000 pairs $1,661/mo rent with $274/mo cash flow after a $1,023/mo payment. Total monthly income equals $1,661/mo, and annual cash flow comes to $3,288/yr on $69,284 invested. Return on cash invested is 24.65% in year one, and rental yield stands at 9.54% on a $209,000 basis. Equity gained on principal adds $1,349/yr, and 5% annual appreciation accumulates to $57,743 by year five. Five-year ROI measures 128.86% and total cumulative return in cash reaches $89,282. For financing, Ziffy Mortgage’s DSCR program evaluates $1,661/mo property income against a $1,023/mo payment instead of your W2s, 1099s, or Tax returns.