208 Abalone Rd NW,Palm Bay,FL,32907

Investment Highlights

Rental property for sale in Palm Bay at 208 Abalone Rd NW, Palm Bay, FL, 32907 offers $2,369/mo rent that, after a $1,512/mo payment, leaves $319/mo cash flow. Total monthly income is $2,369/mo, and annual cash flow is $3,826/yr on $102,434 cash. Return on cash invested measures 23.64% in year one, and rental yield stands at 9.2% at a $309,000 entry. Equity gained on principal adds $1,994/yr while 5% annual appreciation compounds into $85,371 by year five. Five-year ROI records 123.46% and total cumulative return in cash reaches $126,461. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,369/mo property income versus a $1,512/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.