1501 Healey 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 1501 Healey St NW, Palm Bay, FL, 32907 generates $3,245/mo in rent and, after a $1,965/mo payment, leaves $581/mo in cash flow. Total monthly income is $3,245/mo, and annual cash flow is $6,969/yr on $133,089 invested. Return on cash invested sits at 25.15% in year one, and rental yield is 9.7% on a $401,476 entry. Equity gained on principal adds $2,591/yr, while 5% annual appreciation builds toward $110,920 over five years. Five-year ROI reaches 131.51% and total cumulative return in cash sums $175,031. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,245/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.26 Acres lot
$N/A/sqft
No HOA
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Listed by: Gretta Akellino • K Hovnanian Florida Realty
Mls Name: Space Coast AOR
Mls ID: #1023249
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.