1972 Snapdragon Dr NW,Palm Bay,FL,32907

Investment Highlights

Rental property for sale in Palm Bay at 1972 Snapdragon Dr NW, Palm Bay, FL, 32907 generates $4,558/mo in rent and, after a $2,521/mo payment, leaves $1,140/mo in cash flow. Total monthly income is $4,558/mo, and annual cash flow is $13,680/yr on $169,435 invested. Return on cash invested sits at 28.13% in year one, and rental yield is 10.62% on a $514,999 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 147.54% and total cumulative return in cash sums $249,985. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,558/mo property income rather than buyer’s personal income.