711 Thuringer 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
Investment property for sale in Palm Bay at 711 Thuringer St NW, Palm Bay, FL, 32907 uses $89,472 cash to close to unlock $1,307/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $1,900/mo, and a $1,321/mo payment keeps the spread at $109/mo. Purchase price stands at $269,900, and rental yield measures 8.45% with $1,900/mo rent. Return on cash invested shows 21.37% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 111.25% and total cumulative return in cash records $99,534. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,900/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 1985
0.32 Acres lot
$N/A/sqft
No HOA
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Listed by: Myrna Colon • Real Broker LLC
Mls Name: Space Coast AOR
Mls ID: #1043094
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