200 Cape Shores Cir #6-GCape CanaveralFL32920
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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 Cape Canaveral at 200 Cape Shores Cir #6-G, Cape Canaveral, FL, 32920 priced at $344,500 pairs $1,898/mo rent with after a $1,686/mo payment. Total monthly income equals $1,898/mo. Return on cash invested is 15.83% in year one, and rental yield stands at 6.61% on a $344,500 basis. Equity gained on principal adds $2,223/yr, and 5% annual appreciation accumulates to $95,179 by year five. Five-year ROI measures 81.54% and total cumulative return in cash reaches $93,123. For financing, Ziffy Mortgage’s DSCR program evaluates $1,898/mo property income against a $1,686/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1972
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32920, Cape Canaveral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,198 (100%) |
| Owner Occupied HU | 3,329 (40.6%) |
| Renter Occupied HU | 2,467 (30.1%) |
| Vacant Housing Units | 2,402 (29.3%) |
| Median Home Value | $488,323 |
| Average Home Value | $528,211 |
Housing Distribution
Address Breakdown
Residential
7,026
Single Family
4,642
Multi-Family
2,384
Businesses
572
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Listed by: Jackie Griffin • Florida Lifestyle Realty LLC
Mls Name: Space Coast AOR
Mls ID: #1062676