1606 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 1606 Kylar Dr NW, Palm Bay, FL, 32907 with 5% annual appreciation on a $427,900 basis while $3,245/mo rent supports operations. Total monthly income totals $3,245/mo and a $2,094/mo payment preserves $359/mo for cash returns. Annual cash flow comes to $4,309/yr on $141,849 deployed, and return on cash invested reaches 22.95% in year one. Equity gained on principal adds $2,761/yr, and five-year appreciation sums $118,221 alongside rental yield of 9.1%. Five-year ROI measures 119.89% and total cumulative return in cash totals $170,067.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,245/mo property income versus a $2,094/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
$560 annually HOA
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Listed by: Christina Long Cox • New Home Star Florida LLC
Mls Name: Space Coast AOR
Mls ID: #1022647
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