1412 Lucky St 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
Rental property for sale in Palm Bay at 1412 Lucky St NW, Palm Bay, FL, 32907 generates $2,287/mo in rent, after a $1,664/mo payment. Total monthly income is $2,287/mo. Return on cash invested sits at 18.29% in year one, and rental yield is 8.07% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 95.5% and total cumulative return in cash sums $107,634. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,287/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Rebecca Webb • Keller Williams Realty Brevard
Mls Name: Space Coast AOR
Mls ID: #1050640
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