1283 CHENEY Highway UNIT HTitusvilleFL32780
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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
Rental property for sale in Titusville at 1283 CHENEY Highway UNIT H, Titusville, FL, 32780 priced at $173,500 pairs $2,599/mo rent with $1,302/mo cash flow after a $849/mo payment. Total monthly income equals $2,599/mo, and annual cash flow comes to $15,629/yr on $57,515 invested. Return on cash invested is 47.08% in year one, and rental yield stands at 17.98% on a $173,500 basis. Equity gained on principal adds $1,120/yr, and 5% annual appreciation accumulates to $47,935 by year five. Five-year ROI measures 250.29% and total cumulative return in cash reaches $143,956. For financing, Ziffy Mortgage’s DSCR program evaluates $2,599/mo property income against a $849/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1984
2,178 sqft lot
$N/A/sqft
$125 monthly 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: KEITH GORDON • GETMOREOFFERS
Mls Name: realMLS
Mls Provider:
Mls ID: #2044265
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. Data is deemed reliable but is not guaranteed accurate by realMLS.