565 Heather Avenue Ne Malabar UNIT 6,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at 565 Heather Avenue Ne Malabar UNIT 6, Palm Bay, FL, 32907 listed at $309,000 pairs $2,340/mo rent with a $1,512/mo payment to leave $290/mo cash flow. Total monthly income runs $2,340/mo, and annual cash flow reaches $3,478/yr on $102,434 cash to close. Return on cash invested measures 23.3% in year one, and rental yield registers 9.09% at a $309,000 basis. Equity gained on principal adds $1,994/yr, and annual property appreciation at 5% supports $85,371 by year five. Five-year ROI tracks 121.63% and total cumulative return in cash totals $124,589. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,340/mo property income relative to a $1,512/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).