1371 Miraflores Trl NW,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at 1371 Miraflores Trl NW, Palm Bay, FL, 32907 uses $98,953 cash to close to unlock $5,029/yr annual cash flow and $419/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,461/mo payment keeps the spread at $419/mo. Purchase price stands at $298,500, and rental yield measures 9.65% with $2,400/mo rent. Return on cash invested shows 24.99% in year one, and 5% annual appreciation builds toward $82,470 over five years. Five-year ROI reaches 130.73% and total cumulative return in cash records $129,357. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,461/mo payment rather than investor’s personal income.