241 High Rd NWPalm BayFL32907
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 241 High Rd NW, Palm Bay, FL, 32907 with 5% annual appreciation on a $320,000 basis while $2,255/mo rent supports operations. Total monthly income totals $2,255/mo and a $1,566/mo payment preserves $132/mo for cash returns. Annual cash flow comes to $1,580/yr on $106,080 deployed, and return on cash invested reaches 21.4% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 8.46%. Five-year ROI measures 111.43% and total cumulative return in cash totals $118,203.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,255/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
10,018 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Antoine Charles • EXP Realty LLC
Mls Name: Space Coast AOR
Mls ID: #1015139
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.