142 Mystic Blvd NEPalm 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
Investment property for sale in Palm Bay at 142 Mystic Blvd NE, Palm Bay, FL, 32907 uses $46,395 cash to close to unlock $20,099/yr annual cash flow and $1,675/mo monthly cash flow. Total monthly income runs $2,798/mo, and a $685/mo payment keeps the spread at $1,675/mo. Purchase price stands at $139,954, and rental yield measures 23.99% with $2,798/mo rent. Return on cash invested shows 63.23% in year one, and 5% annual appreciation builds toward $38,667 over five years. Five-year ROI reaches 337.56% and total cumulative return in cash records $156,608. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,798/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1982
4,791 sqft lot
$N/A/sqft
No HOA
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Listed by: Anthony Kusky • New Beginningz Real Estate
Mls Name: Space Coast AOR
Mls ID: #1021609
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