251 Mardi Gras Ave 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 251 Mardi Gras Ave NW, Palm Bay, FL, 32907 at $400,000 posts ROI 23.88% with $439/mo cash flow from $3,094/mo rent. Total monthly income equals $3,094/mo, and annual cash flow records $5,272/yr on $132,600 to close. Return on cash invested measures 23.88% and rental yield reads 9.28% at the current $400,000. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 by year five. Five-year ROI prints 124.75% and total cumulative return in cash totals $165,424.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,094/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Stuart M Brown • RE/MAX Elite
Mls Name: Space Coast AOR
Mls ID: #1039740
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.