346 Kylar DrPalm BayFL32907
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 346 Kylar Dr, Palm Bay, FL, 32907 in Palm Bay. Rental yield 6.27%. The 1.16 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $171,571 and $5,719/yr in principal reduction project total return of $175,504.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 6.0% |
| Monthly Cash Flow | $(958) | $450 |
City averages based on Palm Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,245 |
| Total Monthly Debt Service | $3,955 |
| DSCR Ratio | 0.82x |
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.
Single Family
Built in 2021
5,662 sqft lot
$N/A/sqft
$975 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
Single Family
Built in 2021
5,662 sqft lot
$N/A/sqft
$975 annually HOA
Nearby investment properties with comparable rents
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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