190 E Olmstead Dr UNIT E11TitusvilleFL32780
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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 UNIT E11, Titusville, FL, 32780 listed at $155,000 pairs $1,190/mo rent with a $759/mo payment to leave $161/mo cash flow. Total monthly income runs $1,190/mo, and annual cash flow reaches $1,932/yr on $51,383 cash to close. Return on cash invested measures 23.67% in year one, and rental yield registers 9.21% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 123.71% and total cumulative return in cash totals $63,568. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,190/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: Jo Anne Marie Locascio • Landshark Realty
Mls Name: Space Coast AOR
Mls ID: #1063752