2126 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 2126 Cerulean Dr NW, Palm Bay, FL, 32907 offers $2,340/mo rent that, after a $1,506/mo payment. Total monthly income is $2,340/mo. Return on cash invested measures 19.88% in year one, and rental yield stands at 9.12% at a $307,775 entry. Equity gained on principal adds $1,986/yr while 5% annual appreciation compounds into $85,033 by year five. Five-year ROI records 104.56% and total cumulative return in cash reaches $106,685. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,340/mo property income versus a $1,506/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
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: #1015276
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.