1200 Caber Ct NEPalm BayFL32907
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 1200 Caber Ct NE, Palm Bay, FL, 32907 in Palm Bay achieves a 1.77 ratio at $174,500: $1,393/mo rent versus $785/mo debt service. Rental yield 9.58%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.58% yield compounds alongside 5% annual appreciation projecting $48,211 in value. Total projected cumulative return: $54,649.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $(215) | $450 |
City averages based on Palm Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,393 |
| Total Monthly Debt Service | $1,539 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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
6,534 sqft lot
$N/A/sqft
$2,709 annually 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
6,534 sqft lot
$N/A/sqft
$2,709 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Larry Alan Small • Brevard Buyers Group, LLC
Mls Name: Space Coast AOR
Mls ID: #1036979
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.