282 Neville Cir NE, Palm Bay, FL, 32907 | $887/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Palm Bay at 282 Neville Cir NE, Palm Bay, FL, 32907 uses $124,422 cash to close to unlock $10,638/yr annual cash flow and $887/mo monthly cash flow. Total monthly income runs $3,631/mo, and a $1,837/mo payment keeps the spread at $887/mo. Purchase price stands at $375,330, and rental yield measures 11.61% with $3,631/mo rent. Return on cash invested shows 28.46% in year one, and 5% annual appreciation builds toward $103,697 over five years. Five-year ROI reaches 150.18% and total cumulative return in cash records $186,862. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,631/mo property income covering a $1,837/mo payment rather than investor’s personal income.

Single Family

Built in 1985

0.60 Acres lot

$N/A/sqft

$2 monthly HOA