2465 S Washington Ave #310TitusvilleFL32780
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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 2465 S Washington Ave #310, Titusville, FL, 32780 uses $89,472 cash to close to unlock $7,871/yr annual cash flow and $656/mo monthly cash flow. Total monthly income runs $2,837/mo, and a $1,321/mo payment keeps the spread at $656/mo. Purchase price stands at $269,900, and rental yield measures 12.61% with $2,837/mo rent. Return on cash invested shows 28.71% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 152.49% and total cumulative return in cash records $136,434. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,837/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Condo
Built in 1985
1,742 sqft lot
$N/A/sqft
$390 monthly 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: Joyce(Jean) C Kelly • RE/MAX Aerospace Realty
Mls Name: Space Coast AOR
Mls ID: #1010567
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.