Drexel Plan, St. Johns Preserve,Palm Bay,FL,32907

Investment Highlights

Investment property for sale in Palm Bay at Drexel Plan, St. Johns Preserve, Palm Bay, FL, 32907 uses $126,931 cash to close to unlock $18,589/yr annual cash flow and $1,549/mo monthly cash flow. Total monthly income runs $4,090/mo, and a $1,874/mo payment keeps the spread at $1,549/mo. Purchase price stands at $382,900, and rental yield measures 12.82% with $4,090/mo rent. Return on cash invested shows 34.55% in year one, and 5% annual appreciation builds toward $105,788 over five years. Five-year ROI reaches 181.99% and total cumulative return in cash records $230,999. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,090/mo property income covering a $1,874/mo payment rather than investor’s personal income.