589 Janus Rd NE,Palm Bay,FL,32907

Investment Highlights

Rental property for sale in Palm Bay at 589 Janus Rd NE, Palm Bay, FL, 32907 generates $2,480/mo in rent and, after a $1,662/mo payment, leaves $227/mo in cash flow. Total monthly income is $2,480/mo, and annual cash flow is $2,720/yr on $112,544 invested. Return on cash invested sits at 22.33% in year one, and rental yield is 8.77% on a $339,500 entry. Equity gained on principal adds $2,191/yr, while 5% annual appreciation builds toward $93,798 over five years. Five-year ROI reaches 116.41% and total cumulative return in cash sums $131,009. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,480/mo property income rather than buyer’s personal income.