2149 Snapdragon Dr NW,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at 2149 Snapdragon Dr NW, Palm Bay, FL, 32907 offers a 9.56% rental yield on a $369,000 purchase with $2,941/mo rent. Total monthly income registers $2,941/mo, and a $1,806/mo payment leaves $492/mo available for distribution. Annual cash flow reaches $5,908/yr on $122,324 to close, and return on cash invested stands at 24.74% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Portfolio math shows five-year ROI at 129.35% and total cumulative return in cash at $158,223. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,941/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.