203 Eldron Blvd NEPalm 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
Investment property for sale in Palm Bay at 203 Eldron Blvd NE, Palm Bay, FL, 32907 earns $856/mo cash flow from $3,245/mo rent with a $1,762/mo payment. Total monthly income totals $3,245/mo, and annual cash flow totals $10,272/yr on $119,334 capital. ROI tracks 28.52% on current figures, and rental yield reads 10.82% at a $359,982 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,456 over five years. Five-year ROI reaches 149.63% and total cumulative return in cash sums $178,564. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,245/mo property income instead of your personal income.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Gretta Akellino • K Hovnanian Florida Realty
Mls Name: Space Coast AOR
Mls ID: #1023250
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.