1391 Martinez St SEPalm BayFL32909
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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 1391 Martinez St SE, Palm Bay, FL, 32909 at $289,720 posts ROI 22.7% with $223/mo cash flow from $2,506/mo rent. Total monthly income equals $2,506/mo, and annual cash flow records $2,678/yr on $96,042 to close. Return on cash invested measures 22.7% and rental yield reads 10.38% at the current $289,720. Equity gained on principal adds $1,870/yr, and 5% annual appreciation supports $80,044 by year five. Five-year ROI prints 120.05% and total cumulative return in cash totals $115,296.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,506/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
10,018 sqft lot
$N/A/sqft
$127 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32909, Palm Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,975 (100%) |
| Owner Occupied HU | 14,147 (78.7%) |
| Renter Occupied HU | 2,960 (16.5%) |
| Vacant Housing Units | 868 ( 4.8%) |
| Median Home Value | $363,999 |
| Average Home Value | $405,081 |
Housing Distribution
Address Breakdown
Residential
17,931
Single Family
17,496
Multi-Family
435
Businesses
384
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