1907 Cerulean Dr NW,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at 1907 Cerulean Dr NW, Palm Bay, FL, 32907 offers a 11.98% rental yield on a $240,400 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,177/mo payment leaves $804/mo available for distribution. Annual cash flow reaches $9,652/yr on $79,693 to close, and return on cash invested stands at 32.02% in year one. Equity gained on principal adds $1,551/yr while 5% annual appreciation supports $66,418 over five years. Portfolio math shows five-year ROI at 168.42% and total cumulative return in cash at $134,216. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.