2625 S Atlantic Ave APT 4Cocoa BeachFL32931
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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 Beach at 2625 S Atlantic Ave APT 4, Cocoa Beach, FL, 32931 earns from $1,750/mo rent with a $1,823/mo payment. Total monthly income totals $1,750/mo. ROI tracks 7.72% on current figures, and rental yield reads 5.64% at a $372,500 purchase. Equity gained on principal adds $2,404/yr, and 5% annual appreciation supports $102,915 over five years. Five-year ROI reaches 39.94% and total cumulative return in cash sums $49,318. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,750/mo property income instead of your personal income.
Condo
Built in 1964
0.54 Acres lot
$N/A/sqft
$533 monthly 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
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Listed by: Chere Roane • NICOLE-HUDSON REALTY CORP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6250741
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