449 Brookdale 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
Rental property for sale in Palm Bay at 449 Brookdale Ave NE, Palm Bay, FL, 32907 offers $3,008/mo rent that, after a $1,659/mo payment, leaves $657/mo cash flow. Total monthly income is $3,008/mo, and annual cash flow is $7,886/yr on $112,379 cash. Return on cash invested measures 26.93% in year one, and rental yield stands at 10.65% at a $339,000 entry. Equity gained on principal adds $2,188/yr while 5% annual appreciation compounds into $93,659 by year five. Five-year ROI records 141.48% and total cumulative return in cash reaches $158,992. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,008/mo property income versus a $1,659/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Angela Lawless • RE/MAX Elite
Mls Name: Space Coast AOR
Mls ID: #1057071
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.