Plan 1541 Plan, Gardens at Waterstone IIPalm BayFL32909
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Palm Bay at Plan 1541 Plan, Gardens at Waterstone II, Palm Bay, FL, 32909 earns $396/mo cash flow from $2,460/mo rent with a $1,522/mo payment. Total monthly income totals $2,460/mo, and annual cash flow totals $4,756/yr on $103,093 capital. ROI tracks 24.52% on current figures, and rental yield reads 9.49% at a $310,990 purchase. Equity gained on principal adds $2,007/yr, and 5% annual appreciation supports $85,921 over five years. Five-year ROI reaches 128.19% and total cumulative return in cash sums $132,150. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,460/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32909, Palm Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,975 (100%) |
| Owner Occupied HU | 14,147 (78.7%) |
| Renter Occupied HU | 2,960 (16.5%) |
| Vacant Housing Units | 868 ( 4.8%) |
| Median Home Value | $363,999 |
| Average Home Value | $405,081 |
Housing Distribution
Address Breakdown
Residential
17,931
Single Family
17,496
Multi-Family
435
Businesses
384
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