598 Consolata 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 598 Consolata Ave NW, Palm Bay, FL, 32907 offers $2,610/mo rent that, after a $1,077/mo payment, leaves $1,150/mo cash flow. Total monthly income is $2,610/mo, and annual cash flow is $13,798/yr on $72,930 cash. Return on cash invested measures 38.83% in year one, and rental yield stands at 14.24% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 204.89% and total cumulative return in cash reaches $149,423. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,610/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.30 Acres lot
$N/A/sqft
No HOA
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Listed by: Sean H Hartley • Dalton Wade Inc.
Mls Name: Space Coast AOR
Mls ID: #1048413
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