2366 Snapdragon Dr NWPalm 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 2366 Snapdragon Dr NW, Palm Bay, FL, 32907 offers a 8.22% rental yield on a $474,900 purchase with $3,254/mo rent. 95% in year one. Equity gained on principal adds $3,064/yr while 5% annual appreciation supports $131,206 over five years. Portfolio math shows five-year ROI at 98.94% and total cumulative return in cash at $155,759. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,254/mo property income against a $2,324/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
6,098 sqft lot
$N/A/sqft
$327 quarterly HOA
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Nearby investment properties with comparable prices
Listed by: Anthony Gallo • Gallo Realty Group LLC
Mls Name: Space Coast AOR
Mls ID: #1024032
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