1207 Westview DrCocoaFL32922
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
Rental property for sale in Cocoa at 1207 Westview Dr, Cocoa, FL, 32922 priced at $263,900 converts $1,976/mo rent into $78/mo cash flow after a $1,292/mo obligation. Total monthly income equals $1,976/mo, and annual cash flow totals $932/yr on $87,483 invested. Return on cash invested prints 20.97% in year one, and rental yield reads 8.99% against a $263,900 entry. Equity gained on principal adds $1,703/yr, while 5% annual appreciation compiles into $72,911 by year five. Five-year ROI reaches 109.89% and total cumulative return in cash sums $96,138. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,976/mo property income covering a $1,292/mo payment, not borrower’s personal income.
Single Family
Built in 1959
8,712 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rose Street • Lokation Real Estate
Mls Name: Space Coast AOR
Mls ID: #1041580
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.