1370 Welser Ave NE,Palm Bay,FL,32907

Investment Highlights

Rental property for sale in Palm Bay at 1370 Welser Ave NE, Palm Bay, FL, 32907 generates $2,103/mo in rent and, after a $1,395/mo payment, leaves $212/mo in cash flow. Total monthly income is $2,103/mo, and annual cash flow is $2,539/yr on $94,478 invested. Return on cash invested sits at 22.6% in year one, and rental yield is 8.85% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 117.86% and total cumulative return in cash sums $111,354. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,103/mo property income rather than buyer’s personal income.