1246 Giralda Cir NWPalm 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
Rental property for sale in Palm Bay at 1246 Giralda Cir NW, Palm Bay, FL, 32907 priced at $320,000 converts $3,558/mo rent into $1,435/mo cash flow after a $1,566/mo obligation. Total monthly income equals $3,558/mo, and annual cash flow totals $17,216/yr on $106,080 invested. Return on cash invested prints 36.14% in year one, and rental yield reads 13.34% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 190.47% and total cumulative return in cash sums $202,047. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,558/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 1990
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Carole A Savor Gonzalez • BHHS Florida Realty
Mls Name: Space Coast AOR
Mls ID: #1017166
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