143 Cedar AveCocoa BeachFL32931
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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 Beach at 143 Cedar Ave, Cocoa Beach, FL, 32931 uses $164,093 cash to close to unlock $1,642/yr annual cash flow and $137/mo monthly cash flow. Total monthly income runs $3,422/mo, and a $2,423/mo payment keeps the spread at $137/mo. Purchase price stands at $495,000, and rental yield measures 8.3% with $3,422/mo rent. Return on cash invested shows 20.91% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 108.79% and total cumulative return in cash records $178,522. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,422/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 1957
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32931, Cocoa Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,899 (100%) |
| Owner Occupied HU | 5,582 (51.2%) |
| Renter Occupied HU | 1,807 (16.6%) |
| Vacant Housing Units | 3,510 (32.2%) |
| Median Home Value | $579,461 |
| Average Home Value | $632,244 |
Housing Distribution
Address Breakdown
Residential
8,985
Single Family
4,726
Multi-Family
4,259
Businesses
667
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Listed by: Thomas Arnold • Blue Marlin Real Estate
Mls Name: Space Coast AOR
Mls ID: #1047596
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.