409 Stendal Rd NWPalm BayFL32907
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
Investment Highlights
Investment property for sale in Palm Bay at 409 Stendal Rd NW, Palm Bay, FL, 32907 uses $75,914 cash to close to unlock $974/yr annual cash flow and $81/mo monthly cash flow. Total monthly income runs $1,601/mo, and a $1,121/mo payment keeps the spread at $81/mo. Purchase price stands at $229,000, and rental yield measures 8.39% with $1,601/mo rent. Return on cash invested shows 21.19% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 110.36% and total cumulative return in cash records $83,777. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,601/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1982
0.32 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ellie M Chan • RE/MAX Solutions
Mls Name: Space Coast AOR
Mls ID: #1048328
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.