826 Castleford Ave 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 826 Castleford Ave NE, Palm Bay, FL, 32905 priced at $337,500 pairs $2,400/mo rent with $160/mo cash flow after a $1,652/mo payment. Total monthly income equals $2,400/mo, and annual cash flow comes to $1,922/yr on $111,881 invested. Return on cash invested is 21.63% in year one, and rental yield stands at 8.53% on a $337,500 basis. Equity gained on principal adds $2,178/yr, and 5% annual appreciation accumulates to $93,245 by year five. Five-year ROI measures 112.67% and total cumulative return in cash reaches $126,061. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $1,652/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
6,098 sqft 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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