111 Carillo St NEPalm BayFL32907
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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 111 Carillo St NE, Palm Bay, FL, 32907 uses $99,450 cash to close to unlock $1,116/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $2,148/mo, and a $1,468/mo payment keeps the spread at $93/mo. Purchase price stands at $300,000, and rental yield measures 8.59% with $2,148/mo rent. Return on cash invested shows 21.03% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 109.72% and total cumulative return in cash records $109,116. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,148/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1984
0.26 Acres lot
$N/A/sqft
No HOA
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Listed by: Yurisney Alonso Acosta • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8313430
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511