812 Port Malabar Blvd NEPalm BayFL32905
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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 812 Port Malabar Blvd NE, Palm Bay, FL, 32905 priced at $353,777 pairs $2,379/mo rent with $31/mo cash flow after a $1,732/mo payment. Total monthly income equals $2,379/mo, and annual cash flow comes to $370/yr on $117,277 invested. Return on cash invested is 20.22% in year one, and rental yield stands at 8.07% on a $353,777 basis. Equity gained on principal adds $2,283/yr, and 5% annual appreciation accumulates to $97,742 by year five. Five-year ROI measures 105.11% and total cumulative return in cash reaches $123,276. For financing, Ziffy Mortgage’s DSCR program evaluates $2,379/mo property income against a $1,732/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32905, Palm Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,522 (100%) |
| Owner Occupied HU | 6,818 (50.4%) |
| Renter Occupied HU | 5,409 (40.0%) |
| Vacant Housing Units | 1,295 ( 9.6%) |
| Median Home Value | $250,716 |
| Average Home Value | $271,753 |
Housing Distribution
Address Breakdown
Residential
13,064
Single Family
10,740
Multi-Family
2,324
Businesses
956
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