1890 Knox Mc Rae Dr #201FTitusvilleFL32780
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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 1890 Knox Mc Rae Dr #201F, Titusville, FL, 32780 offers a 11.84% rental yield on a $162,000 purchase with $1,598/mo rent. Total monthly income registers $1,598/mo, and a $793/mo payment leaves $523/mo available for distribution. Annual cash flow reaches $6,274/yr on $53,703 to close, and return on cash invested stands at 31.59% in year one. Equity gained on principal adds $1,045/yr while 5% annual appreciation supports $44,758 over five years. Portfolio math shows five-year ROI at 166.1% and total cumulative return in cash at $89,201. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,598/mo property income against a $793/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
3,049 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: Salvatore Burke • Cast Away Realty
Mls Name: Space Coast AOR
Mls ID: #1064262