Columbia Plan, Riverwood at Everlands : The Shoals Collection,Palm Bay,FL,32907

Investment Highlights

Rental property for sale in Palm Bay at Columbia Plan, Riverwood at Everlands: The Shoals Collection, Palm Bay, FL, 32907 offers $3,420/mo rent that, after a $1,811/mo payment, leaves $965/mo cash flow. Total monthly income is $3,420/mo, and annual cash flow is $11,575/yr on $122,652 cash. Return on cash invested measures 29.35% in year one, and rental yield stands at 11.09% at a $369,990 entry. Equity gained on principal adds $2,387/yr while 5% annual appreciation compounds into $102,221 by year five. Five-year ROI records 154.06% and total cumulative return in cash reaches $188,954. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,420/mo property income versus a $1,811/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.