Venice Plan, The Timbers at Everlands : The Grand Collection,Palm Bay,FL,32907

Investment Highlights

Rental property for sale in Palm Bay at Venice Plan, The Timbers at Everlands: The Grand Collection, Palm Bay, FL, 32907 offers $3,440/mo rent that, after a $2,501/mo payment, leaves $49/mo cash flow. Total monthly income is $3,440/mo, and annual cash flow is $588/yr on $168,116 cash. Return on cash invested measures 20.41% in year one, and rental yield stands at 8.08% at a $510,990 entry. Equity gained on principal adds $3,297/yr while 5% annual appreciation compounds into $141,177 by year five. Five-year ROI records 106.11% and total cumulative return in cash reaches $178,382. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,440/mo property income versus a $2,501/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.