Royal Plan, Richmond Cove, Palm Bay, FL, 32907 | $982/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Palm Bay at Royal Plan, Richmond Cove, Palm Bay, FL, 32907 uses $113,038 cash to close to unlock $11,785/yr annual cash flow and $982/mo monthly cash flow. Total monthly income runs $3,245/mo, and a $1,669/mo payment keeps the spread at $982/mo. Purchase price stands at $340,990, and rental yield measures 11.42% with $3,245/mo rent. Return on cash invested shows 30.33% in year one, and 5% annual appreciation builds toward $94,209 over five years. Five-year ROI reaches 159.38% and total cumulative return in cash records $180,161. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,245/mo property income covering a $1,669/mo payment rather than investor’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA