1709 Zaminder St NW,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at 1709 Zaminder St NW, Palm Bay, FL, 32907 offers a 8.45% rental yield on a $375,000 purchase with $2,641/mo rent. Total monthly income registers $2,641/mo, and a $1,835/mo payment leaves $153/mo available for distribution. Annual cash flow reaches $1,834/yr on $124,313 to close, and return on cash invested stands at 21.38% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 111.33% and total cumulative return in cash at $138,399. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,641/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.