370 NW IxoraPalm 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 NW Ixora, Palm Bay, FL, 32907 generates $2,580/mo in rent and, after a $1,415/mo payment, leaves $639/mo in cash flow. Total monthly income is $2,580/mo, and annual cash flow is $7,665/yr on $95,804 invested. Return on cash invested sits at 27.91% in year one, and rental yield is 10.71% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 146.44% and total cumulative return in cash sums $140,294. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,580/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
N/A lot
$N/A/sqft
No HOA
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Listed by: Usha Hanif • Tropical Springs Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10476736
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.