1124 Malone St 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 1124 Malone St NW, Palm Bay, FL, 32907 offers a 13.41% rental yield on a $188,500 purchase with $2,107/mo rent. Total monthly income registers $2,107/mo, and a $923/mo payment leaves $856/mo available for distribution. Annual cash flow reaches $10,268/yr on $62,488 to close, and return on cash invested stands at 36.34% in year one. Equity gained on principal adds $1,216/yr while 5% annual appreciation supports $52,079 over five years. Portfolio math shows five-year ROI at 191.57% and total cumulative return in cash at $119,709. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,107/mo property income against a $923/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Dustin Willis Decibus • Blue Marlin Real Estate
Mls Name: Space Coast AOR
Mls ID: #1048134
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