721 Hyannie 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 721 Hyannie St NE, Palm Bay, FL, 32907 generates $2,821/mo in rent and, after a $2,079/mo payment, leaves $2/mo in cash flow. Total monthly income is $2,821/mo, and annual cash flow is $28/yr on $140,788 invested. Return on cash invested sits at 19.93% in year one, and rental yield is 7.97% on a $424,700 entry. Equity gained on principal adds $2,741/yr, while 5% annual appreciation builds toward $117,337 over five years. Five-year ROI reaches 103.56% and total cumulative return in cash sums $145,795. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,821/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.37 Acres lot
$N/A/sqft
No HOA
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Listed by: Sandy K Fahnestock • Denovo Realty
Mls Name: Space Coast AOR
Mls ID: #1036488
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