250 Umber St 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
Rental property for sale in Palm Bay at 250 Umber St NW, Palm Bay, FL, 32907 offers $2,921/mo rent that, after a $1,772/mo payment, leaves $519/mo cash flow. Total monthly income is $2,921/mo, and annual cash flow is $6,223/yr on $119,998 cash. Return on cash invested measures 25.09% in year one, and rental yield stands at 9.68% at a $361,985 entry. Equity gained on principal adds $2,336/yr while 5% annual appreciation compounds into $100,010 by year five. Five-year ROI records 131.25% and total cumulative return in cash reaches $157,497. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,921/mo property income versus a $1,772/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Elizabeth Boley • D.R.Horton Realty of Melbourne
Mls Name: Space Coast AOR
Mls ID: #1032172
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