699 Sunrise Ct NEPalm BayFL32907
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 699 Sunrise Ct NE, Palm Bay, FL, 32907 in Palm Bay. Priced at $109,200, it generates $989/mo in gross rent and $715/mo in net monthly cash flow, a 20.61% yield that comfortably supports the 2.01 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,580. Five-year appreciation: $30,170. Equity from principal paydown: $1,006/yr. Total projected cumulative return: $32,486.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.6% | 6.0% |
| Monthly Cash Flow | $715 | $450 |
City averages based on Palm Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $989 |
| Total Monthly Debt Service | $1,117 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1981
5,662 sqft lot
$N/A/sqft
$175 monthly HOA
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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
Single Family
Built in 1981
5,662 sqft lot
$N/A/sqft
$175 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices