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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Palm Bay at 2196 Oklahoma Ave SW, Palm Bay, FL, 32908 listed at $115,000 pairs $869/mo rent with a $563/mo payment to leave $106/mo cash flow. Total monthly income runs $869/mo, and annual cash flow reaches $1,269/yr on $38,123 cash to close. Return on cash invested measures 23.24% in year one, and rental yield registers 9.07% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 121.28% and total cumulative return in cash totals $46,233. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $869/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 32908, Palm Bay, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,630 (100%) |
| Owner Occupied HU | 5,009 (75.6%) |
| Renter Occupied HU | 1,232 (18.6%) |
| Vacant Housing Units | 389 ( 5.9%) |
| Median Home Value | $323,851 |
| Average Home Value | $367,915 |
Residential
6,799
Single Family
6,649
Multi-Family
150
Businesses
18
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
No similar price properties found nearby.
Listed by: Adriana D. MacLean • Ruth James FL
Mls Name: Space Coast AOR
Mls ID: #1058367
