1841 Lameque St NWPalm BayFL32907
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Palm Bay at 1841 Lameque St NW, Palm Bay, FL, 32907 offers $2,329/mo rent that, after a $1,728/mo payment. Total monthly income is $2,329/mo. Return on cash invested measures 19.77% in year one, and rental yield stands at 7.92% at a $352,990 entry. Equity gained on principal adds $2,278/yr while 5% annual appreciation compounds into $97,525 by year five. Five-year ROI records 102.71% and total cumulative return in cash reaches $120,185. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,329/mo property income versus a $1,728/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rainer Richter • INB Realty LLC
Mls Name: Space Coast AOR
Mls ID: #1035742
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.