1650 Alpha St NE,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at 1650 Alpha St NE, Palm Bay, FL, 32907 earns $238/mo cash flow from $2,047/mo rent with a $1,334/mo payment. Total monthly income totals $2,047/mo, and annual cash flow totals $2,861/yr on $90,334 capital. ROI tracks 23.08% on current figures, and rental yield reads 9.01% at a $272,500 purchase. Equity gained on principal adds $1,758/yr, and 5% annual appreciation supports $75,287 over five years. Five-year ROI reaches 120.45% and total cumulative return in cash sums $108,810. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,047/mo property income instead of your personal income.