1500 Thoreau StTitusvilleFL32780
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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 1500 Thoreau St, Titusville, FL, 32780 uses $89,505 cash to close to unlock $7,965/yr annual cash flow and $664/mo monthly cash flow. Total monthly income runs $2,456/mo, and a $1,322/mo payment keeps the spread at $664/mo. Purchase price stands at $270,000, and rental yield measures 10.92% with $2,456/mo rent. Return on cash invested shows 28.81% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 151.15% and total cumulative return in cash records $135,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,456/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1963
7,405 sqft lot
$N/A/sqft
No 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: Cinthia Gonsales • Redfin Corp.
Mls Name: Space Coast AOR
Mls ID: #1062591