922 Remington Green Drive SEPalm BayFL32909
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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 922 Remington Green Drive SE, Palm Bay, FL, 32909 priced at $349,500 pairs $2,400/mo rent with after a $1,711/mo payment. Total monthly income equals $2,400/mo. Return on cash invested is 17.05% in year one, and rental yield stands at 8.24% on a $349,500 basis. Equity gained on principal adds $2,255/yr, and 5% annual appreciation accumulates to $96,560 by year five. Five-year ROI measures 89.43% and total cumulative return in cash reaches $103,609. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $1,711/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
6,098 sqft lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32909, Palm Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,975 (100%) |
| Owner Occupied HU | 14,147 (78.7%) |
| Renter Occupied HU | 2,960 (16.5%) |
| Vacant Housing Units | 868 ( 4.8%) |
| Median Home Value | $363,999 |
| Average Home Value | $405,081 |
Housing Distribution
Address Breakdown
Residential
17,931
Single Family
17,496
Multi-Family
435
Businesses
384
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Listed by: Zachary Greenberg • Coastal Real Estate Professionals LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11016332
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.