1221 Miraflores Trl NW,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at 1221 Miraflores Trl NW, Palm Bay, FL, 32907 offers a 9.94% rental yield on a $253,585 purchase with $2,100/mo rent. Total monthly income registers $2,100/mo, and a $1,241/mo payment leaves $417/mo available for distribution. Annual cash flow reaches $5,008/yr on $84,063 to close, and return on cash invested stands at 25.87% in year one. Equity gained on principal adds $1,636/yr while 5% annual appreciation supports $70,061 over five years. Portfolio math shows five-year ROI at 135.42% and total cumulative return in cash at $113,839. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,100/mo property income against a $1,241/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.