190 E Olmstead Dr UNIT A2TitusvilleFL32780
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 UNIT A2, Titusville, FL, 32780 offers a 9.46% rental yield on a $130,900 purchase with $1,032/mo rent. Total monthly income registers $1,032/mo, and a $641/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,956/yr on $43,393 to close, and return on cash invested stands at 24.42% in year one. Equity gained on principal adds $845/yr while 5% annual appreciation supports $36,165 over five years. Portfolio math shows five-year ROI at 127.73% and total cumulative return in cash at $55,425. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,032/mo property income against a $641/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen Weiss • Iron Valley R.E.Space Coast
Mls Name: Space Coast AOR
Mls ID: #1066404