847 Soleway DrPalm BayFL32907
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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
Investment property for sale in Palm Bay at 847 Soleway Dr, Palm Bay, FL, 32907 with 5% annual appreciation on a $390,960 basis while $2,340/mo rent supports operations. 12% in year one. Equity gained on principal adds $2,523/yr, and five-year appreciation sums $108,015 alongside rental yield of 7.18%. Five-year ROI measures 88.63% and total cumulative return in cash totals $114,862. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,340/mo property income versus a $1,914/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
5,662 sqft lot
$N/A/sqft
$560 annually HOA
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Nearby investment properties with comparable prices
Listed by: Jose M. Boza • Adams Homes Realty, Inc.
Mls Name: Space Coast AOR
Mls ID: #1022452
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