1006 Hibiscus StCocoaFL32927
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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 1006 Hibiscus St, Cocoa, FL, 32927 listed at $189,800 pairs $1,509/mo rent with a $929/mo payment to leave $224/mo cash flow. Total monthly income runs $1,509/mo, and annual cash flow reaches $2,684/yr on $62,919 cash to close. Return on cash invested measures 24.17% in year one, and rental yield registers 9.54% at a $189,800 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,438 by year five. Five-year ROI tracks 126.5% and total cumulative return in cash totals $79,594. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,509/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32927, Cocoa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,463 (100%) |
| Owner Occupied HU | 9,320 (81.3%) |
| Renter Occupied HU | 1,619 (14.1%) |
| Vacant Housing Units | 524 ( 4.6%) |
| Median Home Value | $321,787 |
| Average Home Value | $384,264 |
Housing Distribution
Address Breakdown
Residential
11,146
Single Family
11,052
Multi-Family
94
Businesses
262
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Listed by: Deborah Loy • Blue Marlin Real Estate
Mls Name: Space Coast AOR
Mls ID: #1041671
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.