3003 Discovery Pl #64TitusvilleFL32796
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
Investment Highlights
Investment property for sale in Titusville at 3003 Discovery Pl #64, Titusville, FL, 32796 earns $42/mo cash flow from $1,397/mo rent with a $822/mo payment. Total monthly income totals $1,397/mo, and annual cash flow totals $509/yr on $55,692 capital. ROI tracks 20.82% on current figures, and rental yield reads 9.98% at a $168,000 purchase. Equity gained on principal adds $1,084/yr, and 5% annual appreciation supports $46,415 over five years. Five-year ROI reaches 110.27% and total cumulative return in cash sums $61,409. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,397/mo property income instead of your personal income.
Manufactured
Built in 2006
3,920 sqft lot
$N/A/sqft
$240 monthly 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: #1047354
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.