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

Investment Highlights

Investment property for sale in Palm Bay at Palm Plan, Palm Bay, Palm Bay, FL, 32907 offers a 10.58% rental yield on a $265,990 purchase with $2,345/mo rent. Total monthly income registers $2,345/mo, and a $1,302/mo payment leaves $580/mo available for distribution. Annual cash flow reaches $6,957/yr on $88,176 to close, and return on cash invested stands at 27.8% in year one. Equity gained on principal adds $1,716/yr while 5% annual appreciation supports $73,488 over five years. Portfolio math shows five-year ROI at 145.74% and total cumulative return in cash at $128,510. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,345/mo property income against a $1,302/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.