1121 Early Drive NWPalm 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 1121 Early Drive NW, Palm Bay, FL, 32907 offers a 8.7% rental yield on a $277,500 purchase with $2,011/mo rent. Total monthly income registers $2,011/mo, and a $1,358/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,036/yr on $91,991 to close, and return on cash invested stands at 22.12% in year one. Equity gained on principal adds $1,791/yr while 5% annual appreciation supports $76,668 over five years. Portfolio math shows five-year ROI at 115.31% and total cumulative return in cash at $106,072. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,011/mo property income against a $1,358/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Jason Litt • LoKation
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11111105
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