448 Veronica Ave 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
Investment property for sale in Palm Bay at 448 Veronica Ave NE, Palm Bay, FL, 32907 earns $471/mo cash flow from $2,064/mo rent with a $1,175/mo payment. Total monthly income totals $2,064/mo, and annual cash flow totals $5,652/yr on $79,560 capital. ROI tracks 27.01% on current figures, and rental yield reads 10.32% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 141.5% and total cumulative return in cash sums $112,574. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,064/mo property income instead of your personal income.
Single Family
Built in 1982
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Jim Taranto • Keller Williams Realty Brevard
Mls Name: Space Coast AOR
Mls ID: #1021499
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.