17 Danube River DrCocoa 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
Total monthly income runs $5,999/mo, and a $6,118/mo payment. Purchase price stands at $1,250,000, and rental yield measures 5.76% with $5,999/mo rent. Return on cash invested shows 13.57% in year one, and 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 69.33% and total cumulative return in cash records $280,777. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,999/mo property income covering a $6,118/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.25 Acres 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: Rick P Bond • Keller Williams Space Coast
Mls Name: Space Coast AOR
Mls ID: #1059713