662 Estaugh St 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 662 Estaugh St NW, Palm Bay, FL, 32907 generates $2,094/mo in rent and, after a $1,077/mo payment, leaves $634/mo in cash flow. Total monthly income is $2,094/mo, and annual cash flow is $7,606/yr on $72,930 invested. Return on cash invested sits at 30.34% in year one, and rental yield is 11.42% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 159.36% and total cumulative return in cash sums $116,219. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,094/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Brandon Albrecht • Keller Williams Realty Brevard
Mls Name: Space Coast AOR
Mls ID: #1048553
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