142 Olivick Cir 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 Olivick Cir NE, Palm Bay, FL, 32907 with 5% annual appreciation on a $309,900 basis while $2,494/mo rent supports operations. Total monthly income totals $2,494/mo and a $1,517/mo payment preserves $437/mo for cash returns. Annual cash flow comes to $5,247/yr on $102,732 deployed, and return on cash invested reaches 25.02% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,620 alongside rental yield of 9.66%. Five-year ROI measures 130.85% and total cumulative return in cash totals $134,424.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,494/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
0.54 Acres lot
$N/A/sqft
No HOA
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Listed by: Nick F Farinella Jr. • Coldwell Banker Realty
Mls Name: Space Coast AOR
Mls ID: #1048256
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