284 Andros AveCocoa 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 284 Andros Ave, Cocoa Beach, FL, 32931 at $1,299,000 posts ROI 10.75% with from $5,245/mo rent. Total monthly income equals $5,245/mo. Return on cash invested measures 10.75% and rental yield reads 4.85% at the current $1,299,000. Equity gained on principal adds $8,382/yr, and 5% annual appreciation supports $358,890 by year five. Five-year ROI prints 54.21% and total cumulative return in cash totals $228,157. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,245/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
0.30 Acres 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
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Listed by: Jennifer Lee Hardcastle • Coldwell Banker Coast Realty
Mls Name: Space Coast AOR
Mls ID: #1058051