1175 Greenview Ct NEPalm BayFL32907
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 1175 Greenview Ct NE, Palm Bay, FL, 32907 in Palm Bay worth modelling. At $112,000 with a 10.48% gross yield, the $978/mo rent leaves $90/mo after the $504/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.94 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $30,944 by year five; $1,032/yr in principal reduction adds further equity. Total projected return: $49,066.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.0% |
| Monthly Cash Flow | $90 | $450 |
City averages based on Palm Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $978 |
| Total Monthly Debt Service | $844 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1981
4,356 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 1981
4,356 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rowena Sommer • Coldwell Banker Paradise
Mls Name: Space Coast AOR
Mls ID: #1028997
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