1520 Charles Boulevard NE #70Palm 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 1520 Charles Boulevard NE #70, Palm Bay, FL, 32907 earns $365/mo cash flow from $3,245/mo rent with a $2,124/mo payment. Total monthly income totals $3,245/mo, and annual cash flow totals $4,381/yr on $143,877 capital. ROI tracks 22.95% on current figures, and rental yield reads 8.97% at a $434,018 purchase. Equity gained on principal adds $2,801/yr, and 5% annual appreciation supports $119,911 over five years. Five-year ROI reaches 119.79% and total cumulative return in cash sums $172,348. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,245/mo property income instead of your personal income.
Single Family
Built in 2025
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Gretta Akellino • K Hovnanian Florida Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11111339
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.