175 Carmelite Ave #K6V93G, Palm Bay, FL, 32907 | $77/mo Cash Flow

Off market

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Palm Bay at 175 Carmelite Ave #K6V93G, Palm Bay, FL, 32907 offers $2,717/mo rent that, after a $1,947/mo payment, leaves $77/mo cash flow. Total monthly income is $2,717/mo, and annual cash flow is $926/yr on $131,871 cash. Return on cash invested measures 20.61% in year one, and rental yield stands at 8.2% at a $397,800 entry. Equity gained on principal adds $2,567/yr while 5% annual appreciation compounds into $109,905 by year five. Five-year ROI records 107.22% and total cumulative return in cash reaches $141,393. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,717/mo property income versus a $1,947/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Home Type Unknown

Built in N/A

N/A lot

$N/A/sqft

No HOA