120 Via Catalano 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
Investment property for sale in Palm Bay at 120 Via Catalano Ct NE, Palm Bay, FL, 32907 offers a 9.12% rental yield on a $620,000 purchase with $4,710/mo rent. Total monthly income registers $4,710/mo, and a $3,035/mo payment leaves $512/mo available for distribution. Annual cash flow reaches $6,142/yr on $203,980 to close, and return on cash invested stands at 23.07% in year one. Equity gained on principal adds $4,001/yr while 5% annual appreciation supports $171,295 over five years. Portfolio math shows five-year ROI at 120.53% and total cumulative return in cash at $245,859. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,710/mo property income against a $3,035/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.29 Acres lot
$N/A/sqft
$1,000 annually HOA
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Listed by: Lindsey N. Whitney • Compass Florida, LLC
Mls Name: Space Coast AOR
Mls ID: #1019563
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