2111 Otterbein AveCocoaFL32926
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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 Cocoa at 2111 Otterbein Ave, Cocoa, FL, 32926 earns $187/mo cash flow from $2,270/mo rent with a $1,536/mo payment. Total monthly income totals $2,270/mo, and annual cash flow totals $2,247/yr on $104,058 capital. ROI tracks 22.07% on current figures, and rental yield reads 8.68% at a $313,900 purchase. Equity gained on principal adds $2,026/yr, and 5% annual appreciation supports $86,725 over five years. Five-year ROI reaches 115.04% and total cumulative return in cash sums $119,708. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,270/mo property income instead of your personal income.
Single Family
Built in 1968
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32926, Cocoa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,362 (100%) |
| Owner Occupied HU | 8,000 (70.4%) |
| Renter Occupied HU | 2,410 (21.2%) |
| Vacant Housing Units | 952 ( 8.4%) |
| Median Home Value | $351,476 |
| Average Home Value | $414,836 |
Housing Distribution
Address Breakdown
Residential
10,556
Single Family
9,989
Multi-Family
567
Businesses
503
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