899 Emden Ave NWPalm 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
Rental property for sale in Palm Bay at 899 Emden Ave NW, Palm Bay, FL, 32907 priced at $265,000 converts $2,015/mo rent into $256/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,015/mo, and annual cash flow totals $3,078/yr on $87,848 invested. Return on cash invested prints 23.41% in year one, and rental yield reads 9.12% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 122.25% and total cumulative return in cash sums $107,391. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,015/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1986
0.29 Acres lot
$N/A/sqft
No HOA
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Listed by: Ryan Moreau • Florida East Coast Real Estate
Mls Name: Space Coast AOR
Mls ID: #1045553
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