1565 Neosho St 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
Rental property for sale in Palm Bay at 1565 Neosho St NE, Palm Bay, FL, 32907 generates $1,882/mo in rent and, after a $1,297/mo payment, leaves $123/mo in cash flow. Total monthly income is $1,882/mo, and annual cash flow is $1,482/yr on $87,848 invested. Return on cash invested sits at 21.6% in year one, and rental yield is 8.52% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 112.51% and total cumulative return in cash sums $98,835. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,882/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.25 Acres lot
$N/A/sqft
No HOA
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Listed by: Karli Rae Tucker • Blue Marlin Real Estate
Mls Name: Space Coast AOR
Mls ID: #1050173
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