Heritage Bay Plan, Malabar Springs,Palm Bay,FL,32907

Investment Highlights

Rental property for sale in Palm Bay at Heritage Bay Plan, Malabar Springs, Palm Bay, FL, 32907 generates $3,245/mo in rent and, after a $1,938/mo payment, leaves $617/mo in cash flow. Total monthly income is $3,245/mo, and annual cash flow is $7,408/yr on $131,271 invested. Return on cash invested sits at 25.55% in year one, and rental yield is 9.83% on a $395,990 entry. Equity gained on principal adds $2,555/yr, while 5% annual appreciation builds toward $109,405 over five years. Five-year ROI reaches 133.72% and total cumulative return in cash sums $175,529. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,245/mo property income rather than buyer’s personal income.