1326 Cobalt 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 1326 Cobalt Ave NW, Palm Bay, FL, 32907 listed at $282,885 pairs $2,380/mo rent with a $1,385/mo payment to leave $202/mo cash flow. Total monthly income runs $2,380/mo, and annual cash flow reaches $2,428/yr on $93,776 cash to close. Return on cash invested measures 22.5% in year one, and rental yield registers 10.1% at a $282,885 basis. Equity gained on principal adds $1,825/yr, and annual property appreciation at 5% supports $78,156 by year five. Five-year ROI tracks 118.74% and total cumulative return in cash totals $111,350. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,380/mo property income relative to a $1,385/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
3,484 sqft lot
$N/A/sqft
$300 monthly HOA
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Listed by: Jennifer Richelle Smart • Lennar Realty, Inc.
Mls Name: Space Coast AOR
Mls ID: #1029733
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