1867 Cerulean Dr NWPalm BayFL32907
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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
Rental property for sale in Palm Bay at 1867 Cerulean Dr NW, Palm Bay, FL, 32907 generates $2,400/mo in rent and, after a $1,301/mo payment, leaves $336/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $4,031/yr on $88,141 invested. Return on cash invested sits at 24.48% in year one, and rental yield is 10.83% on a $265,885 entry. Equity gained on principal adds $1,716/yr, while 5% annual appreciation builds toward $73,459 over five years. Five-year ROI reaches 129.43% and total cumulative return in cash sums $114,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
3,484 sqft lot
$N/A/sqft
$300 monthly HOA
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Listed by: Jennifer Richelle Smart • Lennar Realty, Inc.
Mls Name: Space Coast AOR
Mls ID: #1045258
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.