1340 Crimson Ave NW,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at 1340 Crimson Ave NW, Palm Bay, FL, 32907 uses $104,242 cash to close to unlock $3,760/yr annual cash flow and $313/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,539/mo payment keeps the spread at $313/mo. Purchase price stands at $314,455, and rental yield measures 9.16% with $2,400/mo rent. Return on cash invested shows 23.52% in year one, and 5% annual appreciation builds toward $86,878 over five years. Five-year ROI reaches 122.8% and total cumulative return in cash records $128,006. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,539/mo payment rather than investor’s personal income.