741 Cleaves St SEPalm BayFL32909
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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 741 C. Total monthly income runs $2,231/mo, and a $1,747/mo payment. Purchase price stands at $356,985, and rental yield measures 7.5% with $2,231/mo rent. Return on cash invested shows 18.51% in year one, and 5% annual appreciation builds toward $98,628 over five years. Five-year ROI reaches 95.97% and total cumulative return in cash records $113,567. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,231/mo property income covering a $1,747/mo payment rather than investor’s personal income.
Single Family
Built in 2025
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32909, Palm Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,975 (100%) |
| Owner Occupied HU | 14,147 (78.7%) |
| Renter Occupied HU | 2,960 (16.5%) |
| Vacant Housing Units | 868 ( 4.8%) |
| Median Home Value | $363,999 |
| Average Home Value | $405,081 |
Housing Distribution
Address Breakdown
Residential
17,931
Single Family
17,496
Multi-Family
435
Businesses
384
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Listed by: Elizabeth Boley • D.R.Horton Realty of Melbourne
Mls Name: Space Coast AOR
Mls ID: #1044662
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.