817 Soleway Ave NW,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at 817 Soleway Ave NW, Palm Bay, FL, 32907 with 5% annual appreciation on a $415,990 basis while $3,044/mo rent supports operations. Total monthly income totals $3,044/mo and a $2,036/mo payment preserves $283/mo for cash returns. Annual cash flow comes to $3,402/yr on $137,901 deployed, and return on cash invested reaches 22.38% in year one. Equity gained on principal adds $2,684/yr, and five-year appreciation sums $114,930 alongside rental yield of 8.78%. Five-year ROI measures 116.67% and total cumulative return in cash totals $160,892.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,044/mo property income versus a $2,036/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.