2545 N Indian River DrCocoaFL32922
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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
Total monthly income runs $3,626/mo, and a $3,864/mo payment. Purchase price stands at $789,500, and rental yield measures 5.51% with $3,626/mo rent. Return on cash invested shows 12.61% in year one, and 5% annual appreciation builds toward $218,124 over five years. Five-year ROI reaches 64.24% and total cumulative return in cash records $166,859. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,626/mo property income covering a $3,864/mo payment rather than investor’s personal income.
Single Family
Built in 1996
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32922, Cocoa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,950 (100%) |
| Owner Occupied HU | 3,173 (39.9%) |
| Renter Occupied HU | 3,888 (48.9%) |
| Vacant Housing Units | 889 (11.2%) |
| Median Home Value | $240,181 |
| Average Home Value | $315,702 |
Housing Distribution
Address Breakdown
Residential
7,100
Single Family
5,279
Multi-Family
1,821
Businesses
874
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