435 Goldsmith Ave NW,Palm Bay,FL,32907

Investment Highlights

Rental property for sale in Palm Bay at 435 Goldsmith Ave NW, Palm Bay, FL, 32907 generates $3,245/mo in rent and, after a $2,188/mo payment, leaves $278/mo in cash flow. Total monthly income is $3,245/mo, and annual cash flow is $3,342/yr on $148,181 invested. Return on cash invested sits at 22.16% in year one, and rental yield is 8.71% on a $447,000 entry. Equity gained on principal adds $2,884/yr, while 5% annual appreciation builds toward $123,498 over five years. Five-year ROI reaches 115.54% and total cumulative return in cash sums $171,204. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,245/mo property income rather than buyer’s personal income.