1005 Knox McRae Dr Unit 205TitusvilleFL32780
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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 Titusville at 1005 Knox McRae Dr Unit 205, Titusville, FL, 32780 offers a 14.53% rental yield on a $157,500 purchase with $1,907/mo rent. Total monthly income registers $1,907/mo, and a $771/mo payment leaves $862/mo available for distribution. Annual cash flow reaches $10,340/yr on $52,211 to close, and return on cash invested stands at 39.71% in year one. Equity gained on principal adds $1,016/yr while 5% annual appreciation supports $43,514 over five years. Portfolio math shows five-year ROI at 209.65% and total cumulative return in cash at $109,461. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,907/mo property income against a $771/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32780, Titusville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,611 (100%) |
| Owner Occupied HU | 12,739 (61.8%) |
| Renter Occupied HU | 5,629 (27.3%) |
| Vacant Housing Units | 2,243 (10.9%) |
| Median Home Value | $360,092 |
| Average Home Value | $405,570 |
Housing Distribution
Address Breakdown
Residential
18,530
Single Family
16,047
Multi-Family
2,483
Businesses
1,051
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Listed by: Andre Williamson • Coldwell Banker Res R.E.
Mls Name: Space Coast AOR
Mls ID: #1020249