1825 Riverside Dr #509TitusvilleFL32780
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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
Rental property for sale in Titusville at 1825 Riverside Dr #509, Titusville, FL, 32780 generates $1,780/mo in rent, after a $2,472/mo payment. Total monthly income is $1,780/mo. Return on cash invested sits at 8.71% in year one, and rental yield is 4.23% on a $505,000 entry. Equity gained on principal adds $3,259/yr, while 5% annual appreciation builds toward $139,522 over five years. Five-year ROI reaches 43.36% and total cumulative return in cash sums $72,042. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,780/mo property income rather than buyer’s personal income.
Condo
Built in 2022
1,742 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: Marcie W Bolt • Engel&Voelkers Melb Beachside
Mls Name: Space Coast AOR
Mls ID: #1059113