525 Fellenz St SWPalm BayFL32908
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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 525 Fellenz St SW, Palm Bay, FL, 32908 offers $2,359/mo rent that, after a $1,640/mo payment, leaves $136/mo cash flow. Total monthly income is $2,359/mo, and annual cash flow is $1,627/yr on $111,049 cash. Return on cash invested measures 21.37% in year one, and rental yield stands at 8.45% at a $334,990 entry. Equity gained on principal adds $2,162/yr while 5% annual appreciation compounds into $92,552 by year five. Five-year ROI records 111.3% and total cumulative return in cash reaches $123,593. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,359/mo property income versus a $1,640/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32908, Palm Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,630 (100%) |
| Owner Occupied HU | 5,009 (75.6%) |
| Renter Occupied HU | 1,232 (18.6%) |
| Vacant Housing Units | 389 ( 5.9%) |
| Median Home Value | $323,851 |
| Average Home Value | $367,915 |
Housing Distribution
Address Breakdown
Residential
6,799
Single Family
6,649
Multi-Family
150
Businesses
18
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