127 Carmelite Ave 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 127 Carmelite Ave NW, Palm Bay, FL, 32907 priced at $397,900 converts $3,989/mo rent into $1,348/mo cash flow after a $1,948/mo obligation. Total monthly income equals $3,989/mo, and annual cash flow totals $16,176/yr on $131,904 invested. Return on cash invested prints 32.17% in year one, and rental yield reads 12.03% against a $397,900 entry. Equity gained on principal adds $2,568/yr, while 5% annual appreciation compiles into $109,932 by year five. Five-year ROI reaches 169.18% and total cumulative return in cash sums $223,156. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,989/mo property income covering a $1,948/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
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Listed by: Julie Long • Brite Realty Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11592133
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.