684 Stonebriar Dr SEPalm BayFL32909
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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 684 Stonebriar Dr SE, Palm Bay, FL, 32909 priced at $565,000 converts $3,343/mo rent into after a $2,765/mo obligation. Total monthly income equals $3,343/mo. Return on cash invested prints 17.04% in year one, and rental yield reads 7.1% against a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation compiles into $156,099 by year five. Five-year ROI reaches 88.14% and total cumulative return in cash sums $163,839. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,343/mo property income covering a $2,765/mo payment, not borrower’s personal income.
Single Family
Built in 2020
10,019 sqft lot
$N/A/sqft
$62 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32909, Palm Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,975 (100%) |
| Owner Occupied HU | 14,147 (78.7%) |
| Renter Occupied HU | 2,960 (16.5%) |
| Vacant Housing Units | 868 ( 4.8%) |
| Median Home Value | $363,999 |
| Average Home Value | $405,081 |
Housing Distribution
Address Breakdown
Residential
17,931
Single Family
17,496
Multi-Family
435
Businesses
384
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Listed by: Prent Sanger • RE/MAX AEROSPACE REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #V4942792
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511