1640 Sunny Brook Ln NE APT A111Palm BayFL32905
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1640 Sunny Brook Ln NE APT A111, Palm Bay, FL, 32905 earns from $1,146/mo rent with a $729/mo payment. Total monthly income totals $1,146/mo. ROI tracks 16.04% on current figures, and rental yield reads 9.23% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 85.5% and total cumulative return in cash sums $42,232. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,146/mo property income instead of your personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$268 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32905, Palm Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,522 (100%) |
| Owner Occupied HU | 6,818 (50.4%) |
| Renter Occupied HU | 5,409 (40.0%) |
| Vacant Housing Units | 1,295 ( 9.6%) |
| Median Home Value | $250,716 |
| Average Home Value | $271,753 |
Housing Distribution
Address Breakdown
Residential
13,064
Single Family
10,740
Multi-Family
2,324
Businesses
956
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anvar Moghaddam • FIRST CAPITAL GROUP INC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11741098
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.