190 E Olmstead Dr UNIT D11TitusvilleFL32780
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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 190 E Olmstead Dr UNIT D11, Titusville, FL, 32780 generates $1,212/mo in rent and, after a $783/mo payment, leaves $150/mo in cash flow. Total monthly income is $1,212/mo, and annual cash flow is $1,804/yr on $53,040 invested. Return on cash invested sits at 23.31% in year one, and rental yield is 9.09% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 121.72% and total cumulative return in cash sums $64,562. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,212/mo property income rather than buyer’s personal income.
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
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Listed by: Kayla G Jordan • YourHome Sold Guaranteed Rlty
Mls Name: Space Coast AOR
Mls ID: #1058214