146 McNeela Dr #146TitusvilleFL32796
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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 Titusville at 146 McNeela Dr #146, Titusville, FL, 32796 listed at $107,000 pairs $1,793/mo rent with a $524/mo payment to leave $1,083/mo cash flow. Total monthly income runs $1,793/mo, and annual cash flow reaches $12,992/yr on $35,471 cash to close. Return on cash invested measures 56.54% in year one, and rental yield registers 20.11% at a $107,000 basis. Equity gained on principal adds $690/yr, and annual property appreciation at 5% supports $29,562 by year five. Five-year ROI tracks 299.93% and total cumulative return in cash totals $106,386. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,793/mo property income relative to a $524/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
5,662 sqft lot
$N/A/sqft
No 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: Corey A Jenkins • Jenkins & Jenkins Real Estate
Mls Name: Space Coast AOR
Mls ID: #1006361