2407 Fallon Blvd NE,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at 2407 Fallon Blvd NE, Palm Bay, FL, 32907 listed at $464,900 pairs $2,666/mo rent with a $2,275/mo payment. Total monthly income runs $2,666/mo. Return on cash invested measures 16.65% in year one, and rental yield registers 6.88% at a $464,900 basis. Equity gained on principal adds $3,000/yr, and annual property appreciation at 5% supports $128,443 by year five. Five-year ROI tracks 85.96% and total cumulative return in cash totals $132,472. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,666/mo property income relative to a $2,275/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).