1295 Kamay Ave NW,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at 1295 Kamay Ave NW, Palm Bay, FL, 32907 listed at $367,485 pairs $3,245/mo rent with a $1,799/mo payment to leave $806/mo cash flow. Total monthly income runs $3,245/mo, and annual cash flow reaches $9,672/yr on $121,821 cash to close. Return on cash invested measures 27.85% in year one, and rental yield registers 10.6% at a $367,485 basis. Equity gained on principal adds $2,371/yr, and annual property appreciation at 5% supports $101,529 by year five. Five-year ROI tracks 146% and total cumulative return in cash totals $177,859. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,245/mo property income relative to a $1,799/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).