262 Van Loon Ave NEPalm 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 262 Van Loon Ave NE, Palm Bay, FL, 32907 with 5% annual appreciation on a $299,900 basis while $3,738/mo rent supports operations. Total monthly income totals $3,738/mo and a $1,468/mo payment preserves $1,722/mo for cash returns. Annual cash flow comes to $20,660/yr on $99,417 deployed, and return on cash invested reaches 40.69% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 14.96%. Five-year ROI measures 214.98% and total cumulative return in cash totals $213,724.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,738/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Kristy Patjens • Denovo Realty
Mls Name: Space Coast AOR
Mls ID: #1020583
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