339 Holiday Park Blvd NEPalm BayFL32907
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow339 Holiday Park Blvd NE, Palm Bay, FL, 32907 in Palm Bay earns its strong cash-flow label: 13.77% yield, $1,532/mo rent, $666/mo net income, DSCR 1.66. The $205,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $56,638 by year five. Combined with $1,888/yr in principal paydown, total projected return reaches $69,549.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 6.0% |
| Monthly Cash Flow | $666 | $450 |
City averages based on Palm Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,532 |
| Total Monthly Debt Service | $1,606 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2005
5,662 sqft lot
$N/A/sqft
$2,614 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2005
5,662 sqft lot
$N/A/sqft
$2,614 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheri Darmanin • Coldwell Banker Realty
Mls Name: Space Coast AOR
Mls ID: #1032517
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.