954 Glendale 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 954 Glendale Ave NW, Palm Bay, FL, 32907 priced at $363,985 converts $2,588/mo rent into $172/mo cash flow after a $1,782/mo obligation. Total monthly income equals $2,588/mo, and annual cash flow totals $2,065/yr on $120,661 invested. Return on cash invested prints 21.62% in year one, and rental yield reads 8.53% against a $363,985 entry. Equity gained on principal adds $2,349/yr, while 5% annual appreciation compiles into $100,562 by year five. Five-year ROI reaches 112.64% and total cumulative return in cash sums $135,913. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,588/mo property income covering a $1,782/mo payment, not borrower’s personal income.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Elizabeth Boley • D.R.Horton Realty of Melbourne
Mls Name: Space Coast AOR
Mls ID: #1036337
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