3057 Skyline DrCocoaFL32922
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 Cocoa at 3057 Skyline Dr, Cocoa, FL, 32922 earns $725/mo cash flow from $3,366/mo rent with a $1,948/mo payment. Total monthly income totals $3,366/mo, and annual cash flow totals $8,698/yr on $131,937 capital. ROI tracks 26.5% on current figures, and rental yield reads 10.15% at a $398,000 purchase. Equity gained on principal adds $2,568/yr, and 5% annual appreciation supports $109,960 over five years. Five-year ROI reaches 138.78% and total cumulative return in cash sums $183,108. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,366/mo property income instead of your personal income.
Single Family
Built in 1962
0.26 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices