124 Reading AveTitusvilleFL32796
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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 Titusville at 124 Reading Ave, Titusville, FL, 32796 at $455,000 posts ROI 22.61% with $340/mo cash flow from $3,456/mo rent. Total monthly income equals $3,456/mo, and annual cash flow records $4,078/yr on $150,833 to close. Return on cash invested measures 22.61% and rental yield reads 9.11% at the current $455,000. Equity gained on principal adds $2,936/yr, and 5% annual appreciation supports $125,708 by year five. Five-year ROI prints 118.2% and total cumulative return in cash totals $178,288.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,456/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
10,454 sqft lot
$N/A/sqft
$290 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32796, Titusville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,787 (100%) |
| Owner Occupied HU | 7,006 (71.6%) |
| Renter Occupied HU | 1,948 (19.9%) |
| Vacant Housing Units | 833 ( 8.5%) |
| Median Home Value | $299,770 |
| Average Home Value | $311,870 |
Housing Distribution
Address Breakdown
Residential
9,376
Single Family
8,934
Multi-Family
442
Businesses
512
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Listed by: David S. Fraine • Surfside Properties & Mgmt.
Mls Name: Space Coast AOR
Mls ID: #1033145
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.