150 INTREPID Way UNIT 8-ECape CanaveralFL32920
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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 Cape Canaveral at 150 INTREPID Way UNIT 8-E, Cape Canaveral, FL, 32920 offers a 8.54% rental yield on a $248,000 purchase with $1,765/mo rent. 57% in year one. Equity gained on principal adds $1,600/yr while 5% annual appreciation supports $68,518 over five years. Portfolio math shows five-year ROI at 62.38% and total cumulative return in cash at $51,282. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,765/mo property income against a $1,214/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
$642 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32920, Cape Canaveral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,198 (100%) |
| Owner Occupied HU | 3,329 (40.6%) |
| Renter Occupied HU | 2,467 (30.1%) |
| Vacant Housing Units | 2,402 (29.3%) |
| Median Home Value | $488,323 |
| Average Home Value | $528,211 |
Housing Distribution
Address Breakdown
Residential
7,026
Single Family
4,642
Multi-Family
2,384
Businesses
572
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Listed by: LYNN KATHRYN ALDRICH • MOSSY OAK PROPERTIES
Mls Name: realMLS
Mls Provider:
Mls ID: #2066445
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.