1008 Jersey StCocoaFL32927
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1008 Jersey St, Cocoa, FL, 32927 uses $94,444 cash to close to unlock $6,034/yr annual cash flow and $503/mo monthly cash flow. Total monthly income runs $2,393/mo, and a $1,394/mo payment keeps the spread at $503/mo. Purchase price stands at $284,900, and rental yield measures 10.08% with $2,393/mo rent. Return on cash invested shows 26.3% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 137.68% and total cumulative return in cash records $130,031. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,393/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in 1963
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ray Lopez • KELLER WILLIAMS ADVANTAGE 2 REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6271376
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511