1101 Hanson Ave SWPalm BayFL32908
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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
Investment property for sale in Palm Bay at 1101 Hanson Ave SW, Palm Bay, FL, 32908 offers a 10.99% rental yield on a $351,400 purchase with $3,217/mo rent. Total monthly income registers $3,217/mo, and a $1,720/mo payment leaves $885/mo available for distribution. Annual cash flow reaches $10,620/yr on $116,489 to close, and return on cash invested stands at 29.03% in year one. Equity gained on principal adds $2,268/yr while 5% annual appreciation supports $97,085 over five years. Portfolio math shows five-year ROI at 152.31% and total cumulative return in cash at $177,429. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,217/mo property income against a $1,720/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32908, Palm Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,630 (100%) |
| Owner Occupied HU | 5,009 (75.6%) |
| Renter Occupied HU | 1,232 (18.6%) |
| Vacant Housing Units | 389 ( 5.9%) |
| Median Home Value | $323,851 |
| Average Home Value | $367,915 |
Housing Distribution
Address Breakdown
Residential
6,799
Single Family
6,649
Multi-Family
150
Businesses
18
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