221 Berry Ct 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 221 Berry Ct NE, Palm Bay, FL, 32907 listed at $110,000 pairs $842/mo rent with a $538/mo payment. Total monthly income runs $842/mo. Return on cash invested measures 11.7% in year one, and rental yield registers 9.19% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 63.77% and total cumulative return in cash totals $23,256. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $842/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1974
5,227 sqft lot
$N/A/sqft
$2,614 annually HOA
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Listed by: Johnnie Stout • Waterman Real Estate Inc.
Mls Name: Space Coast AOR
Mls ID: #1035380
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