619 Dinner St NEPalm 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
Investment property for sale in Palm Bay at 619 Dinner St NE, Palm Bay, FL, 32907 listed at $410,000 pairs $3,794/mo rent with a $2,007/mo payment to leave $1,073/mo cash flow. Total monthly income runs $3,794/mo, and annual cash flow reaches $12,875/yr on $135,915 cash to close. Return on cash invested measures 29.38% in year one, and rental yield registers 11.1% at a $410,000 basis. Equity gained on principal adds $2,646/yr, and annual property appreciation at 5% supports $113,275 by year five. Five-year ROI tracks 154.22% and total cumulative return in cash totals $209,603. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,794/mo property income relative to a $2,007/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Meili Viera Porter • Waterman Real Estate Inc.
Mls Name: Space Coast AOR
Mls ID: #1045302
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