150 Hart St SWPalm BayFL32908
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 150 Hart St SW, Palm Bay, FL, 32908 in Palm Bay earns a 9.32% gross yield at $292,990. Rent of $2,275/mo nets $331/mo after the $1,317/mo mortgage. The 1.73 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $80,948 and $2,698/yr in equity accumulation project a total cumulative return of $132,990.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.0% |
| Monthly Cash Flow | $331 | $450 |
City averages based on Palm Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,275 |
| Total Monthly Debt Service | $1,828 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32908, Palm Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,630 (100%) |
| Owner Occupied HU | 5,009 (75.6%) |
| Renter Occupied HU | 1,232 (18.6%) |
| Vacant Housing Units | 389 ( 5.9%) |
| Median Home Value | $323,851 |
| Average Home Value | $367,915 |
Housing Distribution
Address Breakdown
Residential
6,799
Single Family
6,649
Multi-Family
150
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2026
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32908, Palm Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,630 (100%) |
| Owner Occupied HU | 5,009 (75.6%) |
| Renter Occupied HU | 1,232 (18.6%) |
| Vacant Housing Units | 389 ( 5.9%) |
| Median Home Value | $323,851 |
| Average Home Value | $367,915 |
Housing Distribution
Address Breakdown
Residential
6,799
Single Family
6,649
Multi-Family
150
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trish Lohela • Holiday Builders Gulf Coast
Mls Name: Space Coast AOR
Mls ID: #1066466
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.