1880 Knox McRae Dr UNIT 213TitusvilleFL32780
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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 1880 Knox McRae Dr UNIT 213, Titusville, FL, 32780 listed at $157,500 pairs $1,598/mo rent with a $771/mo payment to leave $168/mo cash flow. Total monthly income runs $1,598/mo, and annual cash flow reaches $2,012/yr on $52,211 cash to close. Return on cash invested measures 23.76% in year one, and rental yield registers 12.18% at a $157,500 basis. Equity gained on principal adds $1,016/yr, and annual property appreciation at 5% supports $43,514 by year five. Five-year ROI tracks 127.35% and total cumulative return in cash totals $66,489. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,598/mo property income relative to a $771/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
3,049 sqft lot
$N/A/sqft
$385 monthly 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: Brittany Adamson • Denovo Realty
Mls Name: Space Coast AOR
Mls ID: #1013835
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. Information is deemed reliable but not guaranteed.