Seagrass Plan, St. Johns Preserve,Palm Bay,FL,32907

Investment Highlights

Rental property for sale in Palm Bay at Seagrass Plan, St. Johns Preserve, Palm Bay, FL, 32907 offers $3,367/mo rent that, after a $2,149/mo payment, leaves $453/mo cash flow. Total monthly income is $3,367/mo, and annual cash flow is $5,441/yr on $145,525 cash. Return on cash invested measures 23.65% in year one, and rental yield stands at 9.2% at a $438,990 entry. Equity gained on principal adds $2,833/yr while 5% annual appreciation compounds into $121,285 by year five. Five-year ROI records 123.5% and total cumulative return in cash reaches $179,717. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,367/mo property income versus a $2,149/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.