2355 Majorelle Dr NW,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at 2355 Majorelle Dr NW, Palm Bay, FL, 32907 offers a 8.14% rental yield on a $478,640 purchase with $3,245/mo rent. Total monthly income registers $3,245/mo, and a $2,343/mo payment leaves $68/mo available for distribution. Annual cash flow reaches $820/yr on $158,669 to close, and return on cash invested stands at 20.43% in year one. Equity gained on principal adds $3,089/yr while 5% annual appreciation supports $132,239 over five years. Portfolio math shows five-year ROI at 106.22% and total cumulative return in cash at $168,538. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,245/mo property income against a $2,343/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.