4612 Tree Ridge Ln NEPalm BayFL32905
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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 4612 Tree Ridge Ln NE, Palm Bay, FL, 32905 listed at $175,000 pairs $3,233/mo rent with a $857/mo payment to leave $1,871/mo cash flow. Total monthly income runs $3,233/mo, and annual cash flow reaches $22,455/yr on $58,013 cash to close. Return on cash invested measures 58.62% in year one, and rental yield registers 22.17% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 312.54% and total cumulative return in cash totals $181,315. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,233/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1981
871.20 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32905, Palm Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,522 (100%) |
| Owner Occupied HU | 6,818 (50.4%) |
| Renter Occupied HU | 5,409 (40.0%) |
| Vacant Housing Units | 1,295 ( 9.6%) |
| Median Home Value | $250,716 |
| Average Home Value | $271,753 |
Housing Distribution
Address Breakdown
Residential
13,064
Single Family
10,740
Multi-Family
2,324
Businesses
956
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Listed by: Natasha Logan • St Augustine & St Johns County
Mls Name: St Augustine St Johns County BOR
Mls Provider:
Mls ID: #SC1021616
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. 2024 St Augustine & St. Johns County Board of REALTORS. All rights reserved.