Plan 2385 Modeled Plan, Gardens at Waterstone IPalm BayFL32909
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2385 Modeled Plan, Gardens at Waterstone I, Palm Bay, FL, 32909 at $331,990 posts ROI 27.03% with $653/mo cash flow from $2,856/mo rent. Total monthly income equals $2,856/mo, and annual cash flow records $7,833/yr on $110,055 to close. Return on cash invested measures 27.03% and rental yield reads 10.32% at the current $331,990. Equity gained on principal adds $2,142/yr, and 5% annual appreciation supports $91,723 by year five. Five-year ROI prints 141.58% and total cumulative return in cash totals $155,819.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,856/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
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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