1318 Camas 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
Investment property for sale in Palm Bay at 1318 Camas Ave NW, Palm Bay, FL, 32907 uses $111,351 cash to close to unlock $9,180/yr annual cash flow and $765/mo monthly cash flow. Total monthly income runs $2,994/mo, and a $1,644/mo payment keeps the spread at $765/mo. Purchase price stands at $335,900, and rental yield measures 10.7% with $2,994/mo rent. Return on cash invested shows 28.15% in year one, and 5% annual appreciation builds toward $92,803 over five years. Five-year ROI reaches 147.63% and total cumulative return in cash records $164,391. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,994/mo property income covering a $1,644/mo payment rather than investor’s personal income.
Single Family
Built in 1989
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Dawn M Strandell • CENTURY 21 Baytree Realty
Mls Name: Space Coast AOR
Mls ID: #1045006
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