235 S Orlando Ave APT 4Cocoa BeachFL32931
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cocoa Beach at 235 S Orlando Ave APT 4, Cocoa Beach, FL, 32931 generates $5,777/mo in rent and, after a $2,937/mo payment, leaves $1,795/mo in cash flow. Total monthly income is $5,777/mo, and annual cash flow is $21,540/yr on $197,400 invested. Return on cash invested sits at 30.97% in year one, and rental yield is 11.55% on a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 162.71% and total cumulative return in cash sums $321,192. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,777/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32931, Cocoa Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,899 (100%) |
| Owner Occupied HU | 5,582 (51.2%) |
| Renter Occupied HU | 1,807 (16.6%) |
| Vacant Housing Units | 3,510 (32.2%) |
| Median Home Value | $579,461 |
| Average Home Value | $632,244 |
Housing Distribution
Address Breakdown
Residential
8,985
Single Family
4,726
Multi-Family
4,259
Businesses
667
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nathan Berlin • RE/MAX MASTERPIECE REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8444562
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511