1202 Linmoor Cir NEPalm BayFL32907
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
Investment Highlights
Investment property for sale in Palm Bay at 1202 Linmoor Cir NE, Palm Bay, FL, 32907 offers a 9.8% rental yield on a $260,000 purchase with $2,124/mo rent. Total monthly income registers $2,124/mo, and a $1,273/mo payment leaves $332/mo available for distribution. Annual cash flow reaches $3,988/yr on $86,190 to close, and return on cash invested stands at 24.54% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 128.6% and total cumulative return in cash at $110,837. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,124/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
7,405 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lynda Austin • Keller Williams Space Coast
Mls Name: Space Coast AOR
Mls ID: #1030621
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.