574 Fernwood Ave NWPalm 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 574 Fernwood Ave NW, Palm Bay, FL, 32907 priced at $346,250 pairs $2,838/mo rent with $540/mo cash flow after a $1,695/mo payment. Total monthly income equals $2,838/mo, and annual cash flow comes to $6,479/yr on $114,782 invested. Return on cash invested is 25.55% in year one, and rental yield stands at 9.84% on a $346,250 basis. Equity gained on principal adds $2,234/yr, and 5% annual appreciation accumulates to $95,662 by year five. Five-year ROI measures 133.69% and total cumulative return in cash reaches $153,456. For financing, Ziffy Mortgage’s DSCR program evaluates $2,838/mo property income against a $1,695/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Wendy Altagracia Mercedes • Adams Homes Realty, Inc.
Mls Name: Space Coast AOR
Mls ID: #1036806
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