788 Soleway Ave NW,Palm Bay,FL,32907

Investment Highlights

Rental property for sale in Palm Bay at 788 Soleway Ave NW, Palm Bay, FL, 32907 offers $3,443/mo rent that, after a $2,506/mo payment, leaves $45/mo cash flow. Total monthly income is $3,443/mo, and annual cash flow is $543/yr on $168,445 cash. Return on cash invested measures 20.38% in year one, and rental yield stands at 8.07% at a $511,990 entry. Equity gained on principal adds $3,304/yr while 5% annual appreciation compounds into $141,453 by year five. Five-year ROI records 105.96% and total cumulative return in cash reaches $178,480. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,443/mo property income versus a $2,506/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.