722 Boc Cir NWPalm BayFL32907
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 722 Boc Cir NW, Palm Bay, FL, 32907 priced at $415,000 converts $3,929/mo rent into $1,175/mo cash flow after a $2,031/mo obligation. Total monthly income equals $3,929/mo, and annual cash flow totals $14,103/yr on $137,573 invested. Return on cash invested prints 30.16% in year one, and rental yield reads 11.36% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 158.43% and total cumulative return in cash sums $217,953. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,929/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Single Family
Built in 2001
0.27 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Claudia Marisa Freitas • Legacy Real Estate Partners
Mls Name: Space Coast AOR
Mls ID: #1023165
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.