190 E Olmstead Dr #11TitusvilleFL32780
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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 190 E Olmstead Dr #11, Titusville, FL, 32780 uses $51,383 cash to close to unlock $2,160/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $1,209/mo, and a $759/mo payment keeps the spread at $180/mo. Purchase price stands at $155,000, and rental yield measures 9.36% with $1,209/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 126.05% and total cumulative return in cash records $64,768. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,209/mo property income covering a $759/mo payment rather than investor’s personal income.
Condo
Built in 1970
1,500 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: JoJo Locascio • LANDSHARK REALTY
Mls Name: Stellar MLS
Mls ID: #V4946198