701 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
Rental property for sale in Palm Bay at 701 Dinner St NE, Palm Bay, FL, 32907 priced at $260,000 pairs $1,912/mo rent with $186/mo cash flow after a $1,273/mo payment. Total monthly income equals $1,912/mo, and annual cash flow comes to $2,234/yr on $86,190 invested. Return on cash invested is 22.5% in year one, and rental yield stands at 8.82% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 117.37% and total cumulative return in cash reaches $101,165. For financing, Ziffy Mortgage’s DSCR program evaluates $1,912/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Jason M Lande • RE/MAX Aerospace Realty
Mls Name: Space Coast AOR
Mls ID: #1054536
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.