1408 Harvard DrCocoaFL32922
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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 1408 Harvard Dr, Cocoa, FL, 32922 at $225,000 posts ROI 28.44% with $530/mo cash flow from $2,023/mo rent. Total monthly income equals $2,023/mo, and annual cash flow records $6,361/yr on $74,588 to close. Return on cash invested measures 28.44% and rental yield reads 10.79% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 149.22% and total cumulative return in cash totals $111,297.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,023/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
10,018 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
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Listed by: Ashley Parker • Blue Marlin Real Estate
Mls Name: Space Coast AOR
Mls ID: #1040518
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.