222 Van Loon Ave 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 222 Van Loon Ave NE, Palm Bay, FL, 32907 earns $304/mo cash flow from $1,972/mo rent with a $1,199/mo payment. Total monthly income totals $1,972/mo, and annual cash flow totals $3,648/yr on $81,218 capital. ROI tracks 24.4% on current figures, and rental yield reads 9.66% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 127.79% and total cumulative return in cash sums $103,788. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,972/mo property income instead of your personal income.
Single Family
Built in 1983
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Jody V Donnelly • RE/MAX Aerospace Realty
Mls Name: Space Coast AOR
Mls ID: #1038869
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.