925 Gulfport Rd 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
Investment property for sale in Palm Bay at 925 Gulfport Rd SE, Palm Bay, FL, 32909 uses $65,604 cash to close to unlock $8,284/yr annual cash flow and $690/mo monthly cash flow. Total monthly income runs $2,004/mo, and a $969/mo payment keeps the spread at $690/mo. Purchase price stands at $197,900, and rental yield measures 12.15% with $2,004/mo rent. Return on cash invested shows 32.54% in year one, and 5% annual appreciation builds toward $54,676 over five years. Five-year ROI reaches 171.2% and total cumulative return in cash records $112,317. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,004/mo property income covering a $969/mo payment rather than investor’s personal income.
Single Family
Built in 1983
0.47 Acres lot
$N/A/sqft
No 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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