Charlotte Plan, Palm Bay,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at Charlotte Plan, Palm Bay, Palm Bay, FL, 32907 offers a 11.06% rental yield on a $350,990 purchase with $3,234/mo rent. Total monthly income registers $3,234/mo, and a $1,718/mo payment leaves $905/mo available for distribution. Annual cash flow reaches $10,856/yr on $116,353 to close, and return on cash invested stands at 29.24% in year one. Equity gained on principal adds $2,265/yr while 5% annual appreciation supports $96,972 over five years. Portfolio math shows five-year ROI at 153.46% and total cumulative return in cash at $178,561. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,234/mo property income against a $1,718/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.