1596 Kylar Dr 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
Investment property for sale in Palm Bay at 1596 Kylar Dr NW, Palm Bay, FL, 32907 offers a 9.08% rental yield on a $428,900 purchase with $3,245/mo rent. Total monthly income registers $3,245/mo, and a $2,099/mo payment leaves $353/mo available for distribution. Annual cash flow reaches $4,238/yr on $142,180 to close, and return on cash invested stands at 22.89% in year one. Equity gained on principal adds $2,768/yr while 5% annual appreciation supports $118,497 over five years. Portfolio math shows five-year ROI at 119.58% and total cumulative return in cash at $170,021. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,245/mo property income against a $2,099/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
$550 annually HOA
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Listed by: Christina Long Cox • New Home Star Florida LLC
Mls Name: Space Coast AOR
Mls ID: #1022407
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