2512 Carrick 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 2512 Carrick St NW, Palm Bay, FL, 32907 offers $3,044/mo rent that, after a $2,388/mo payment. Total monthly income is $3,044/mo. Return on cash invested measures 18.1% in year one, and rental yield stands at 7.49% at a $487,990 entry. Equity gained on principal adds $3,149/yr while 5% annual appreciation compounds into $134,823 by year five. Five-year ROI records 93.89% and total cumulative return in cash reaches $151,877. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,044/mo property income versus a $2,388/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
$600 annually HOA
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Listed by: Stephen P Wood • Mercedes Premier Realty, LLC
Mls Name: Space Coast AOR
Mls ID: #1044844
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