1900 Knox Mc Rae Dr #204GTitusvilleFL32780
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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 1900 Knox Mc Rae Dr #204G, Titusville, FL, 32780 uses $49,725 cash to close to unlock $2,157/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $1,175/mo, and a $734/mo payment keeps the spread at $180/mo. Purchase price stands at $149,999, and rental yield measures 9.4% with $1,175/mo rent. Return on cash invested shows 24.25% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 126.71% and total cumulative return in cash records $63,006. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,175/mo property income covering a $734/mo payment rather than investor’s personal income.
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: William H Robinson • Florida Properties of Brevard
Mls Name: Space Coast AOR
Mls ID: #1056833