824 Thuringer St NW, Palm Bay, FL, 32907 | $699/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Palm Bay at 824 Thuringer St NW, Palm Bay, FL, 32907 uses $74,588 cash to close to unlock $8,389/yr annual cash flow and $699/mo monthly cash flow. Total monthly income runs $2,192/mo, and a $1,101/mo payment keeps the spread at $699/mo. Purchase price stands at $225,000, and rental yield measures 11.69% with $2,192/mo rent. Return on cash invested shows 31.16% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 163.79% and total cumulative return in cash records $122,169. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,192/mo property income covering a $1,101/mo payment rather than investor’s personal income.

Single Family

Built in 1985

10,018 sqft lot

$N/A/sqft

No HOA