1256 Dove Ct NEPalm BayFL32907
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1256 Dove Ct NE, Palm Bay, FL, 32907 in Palm Bay speaks for itself: 29.58% gross on a $132,900 price, generating $3,276/mo in rent and $2,292/mo in net income after the $598/mo debt service. DSCR 5.48, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $27,498 stacks alongside $36,718 in projected five-year appreciation and $1,224/yr in principal reduction. Projected total cumulative return: $198,525.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 29.6% | 6.0% |
| Monthly Cash Flow | $2,292 | $450 |
City averages based on Palm Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,276 |
| Total Monthly Debt Service | $932 |
| DSCR Ratio | 3.52x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1972
4,356 sqft lot
$N/A/sqft
No 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 1972
4,356 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices