961 Crocus St NE,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at 961 Crocus St NE, Palm Bay, FL, 32907 uses $132,567 cash to close to unlock $1,746/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $2,799/mo, and a $1,957/mo payment keeps the spread at $146/mo. Purchase price stands at $399,900, and rental yield measures 8.4% with $2,799/mo rent. Return on cash invested shows 21.23% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 110.5% and total cumulative return in cash records $146,480. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,799/mo property income covering a $1,957/mo payment rather than investor’s personal income.