1150 Seminole Ct 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
Rental property for sale in Palm Bay at 1150 Seminole Ct NE, Palm Bay, FL, 32907 priced at $119,000 pairs $1,064/mo rent with $44/mo cash flow after a $582/mo payment. Total monthly income equals $1,064/mo, and annual cash flow comes to $529/yr on $39,449 invested. Return on cash invested is 21.25% in year one, and rental yield stands at 10.73% on a $119,000 basis. Equity gained on principal adds $768/yr, and 5% annual appreciation accumulates to $32,878 by year five. Five-year ROI measures 113.3% and total cumulative return in cash reaches $44,693. For financing, Ziffy Mortgage’s DSCR program evaluates $1,064/mo property income against a $582/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1972
4,356 sqft lot
$N/A/sqft
$5 voluntary HOA
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Listed by: Theresa J Grimes • CBA Realty Group
Mls Name: Space Coast AOR
Mls ID: #1036601
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