2640 Frontier Dr #248TitusvilleFL32796
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors approaching the U.S. market with capital-preservation in mind will find 2640 Frontier Dr #248, Titusville, FL, 32796 in Titusville aligned with their strategy. Rental yield 7.16%. DSCR 1.33 and 7.16% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $2,670/yr in paydown build toward a projected cumulative return of $97,980.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.0% |
| Monthly Cash Flow | $(435) | $250 |
City averages based on Titusville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,729 |
| Total Monthly Debt Service | $1,808 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2009
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32796, Titusville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,787 (100%) |
| Owner Occupied HU | 7,006 (71.6%) |
| Renter Occupied HU | 1,948 (19.9%) |
| Vacant Housing Units | 833 ( 8.5%) |
| Median Home Value | $299,770 |
| Average Home Value | $311,870 |
Housing Distribution
Address Breakdown
Residential
9,376
Single Family
8,934
Multi-Family
442
Businesses
512
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
Single Family
Built in 2009
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32796, Titusville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,787 (100%) |
| Owner Occupied HU | 7,006 (71.6%) |
| Renter Occupied HU | 1,948 (19.9%) |
| Vacant Housing Units | 833 ( 8.5%) |
| Median Home Value | $299,770 |
| Average Home Value | $311,870 |
Housing Distribution
Address Breakdown
Residential
9,376
Single Family
8,934
Multi-Family
442
Businesses
512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie Jean Erdmann • Flamingo Key Real Estate
Mls Name: Space Coast AOR
Mls ID: #1042122