346 Kylar DrPalm 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 346 Kylar Dr, Palm Bay, FL, 32907 priced at $621,000 converts $3,245/mo rent into after a $3,039/mo obligation. Total monthly income equals $3,245/mo. Return on cash invested prints 14.44% in year one, and rental yield reads 6.27% against a $621,000 entry. Equity gained on principal adds $4,007/yr, while 5% annual appreciation compiles into $171,571 by year five. Five-year ROI reaches 74.27% and total cumulative return in cash sums $151,733. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,245/mo property income covering a $3,039/mo payment, not borrower’s personal income.
Single Family
Built in 2021
5,662 sqft lot
$N/A/sqft
$975 annually HOA
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Nearby investment properties with comparable prices
Listed by: Catherine K Burger • RE/MAX Solutions
Mls Name: Space Coast AOR
Mls ID: #1057427
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