370 Carol Dr NEPalm 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 370 Carol Dr NE, Palm Bay, FL, 32907 priced at $370,000 pairs $2,138/mo rent with after a $1,811/mo payment. Total monthly income equals $2,138/mo. Return on cash invested is 16.8% in year one, and rental yield stands at 6.93% on a $370,000 basis. Equity gained on principal adds $2,388/yr, and 5% annual appreciation accumulates to $102,224 by year five. Five-year ROI measures 86.77% and total cumulative return in cash reaches $106,433. For financing, Ziffy Mortgage’s DSCR program evaluates $2,138/mo property income against a $1,811/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.27 Acres lot
$N/A/sqft
No HOA
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Listed by: Danielle Marie Campbell • Arium Real Estate, LLC
Mls Name: Space Coast AOR
Mls ID: #1047123
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.