1724 Mango St NEPalm BayFL32905
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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 1724 Mango St NE, Palm Bay, FL, 32905 listed at $178,500 pairs $1,363/mo rent with a $874/mo payment to leave $178/mo cash flow. Total monthly income runs $1,363/mo, and annual cash flow reaches $2,137/yr on $59,173 cash to close. Return on cash invested measures 23.52% in year one, and rental yield registers 9.16% at a $178,500 basis. Equity gained on principal adds $1,152/yr, and annual property appreciation at 5% supports $49,316 by year five. Five-year ROI tracks 122.88% and total cumulative return in cash totals $72,710. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,363/mo property income relative to a $874/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1980
4,791 sqft lot
$N/A/sqft
$45 voluntary 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
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Listed by: Chuck Alzamora • CBA Realty Group
Mls Name: Space Coast AOR
Mls ID: #1057872
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.