100 Riverside Dr APT 503CocoaFL32922
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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 Cocoa at 100 Riverside Dr APT 503, Cocoa, FL, 32922 listed at $599,900 pairs $3,218/mo rent with a $2,936/mo payment. Total monthly income runs $3,218/mo. Return on cash invested measures 10.6% in year one, and rental yield registers 6.44% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 55.25% and total cumulative return in cash totals $109,048. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,218/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1999
1,306 sqft lot
$N/A/sqft
$793 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32922, Cocoa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,950 (100%) |
| Owner Occupied HU | 3,173 (39.9%) |
| Renter Occupied HU | 3,888 (48.9%) |
| Vacant Housing Units | 889 (11.2%) |
| Median Home Value | $240,181 |
| Average Home Value | $315,702 |
Housing Distribution
Address Breakdown
Residential
7,100
Single Family
5,279
Multi-Family
1,821
Businesses
874
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Listed by: Misty A Morrison • Misty Morrison Real Estate
Mls Name: Space Coast AOR
Mls ID: #1040471
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.