288 Delake Rd NW, Palm Bay, FL, 32907 | $601/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 288 Delake Rd NW, Palm Bay, FL, 32907 offers a 10.69% rental yield on a $364,300 purchase with $3,245/mo rent. Total monthly income registers $3,245/mo, and a $1,783/mo payment leaves $601/mo available for distribution. Annual cash flow reaches $7,209/yr on $120,765 to close, and return on cash invested stands at 25.88% in year one. Equity gained on principal adds $2,351/yr while 5% annual appreciation supports $100,649 over five years. Portfolio math shows five-year ROI at 136.26% and total cumulative return in cash at $164,559. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,245/mo property income against a $1,783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA