1649 Cains Ave 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 1649 Cains Ave NW, Palm Bay, FL, 32907 uses $94,478 cash to close to unlock $5,321/yr annual cash flow and $443/mo monthly cash flow. Total monthly income runs $2,412/mo, and a $1,395/mo payment keeps the spread at $443/mo. Purchase price stands at $285,000, and rental yield measures 10.16% with $2,412/mo rent. Return on cash invested shows 25.54% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 134.01% and total cumulative return in cash records $126,606. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,412/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1992
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Sheena Rayvon Patterson • Keller Williams Realty Brevard
Mls Name: Space Coast AOR
Mls ID: #1041191
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