306 Glen Ridge RdCocoaFL32926
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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 at 306 Glen Ridge Rd, Cocoa, FL, 32926 at $355,500 posts ROI 26.43% with $641/mo cash flow from $3,000/mo rent. Total monthly income equals $3,000/mo, and annual cash flow records $7,690/yr on $117,848 to close. Return on cash invested measures 26.43% and rental yield reads 10.13% at the current $355,500. Equity gained on principal adds $2,294/yr, and 5% annual appreciation supports $98,218 by year five. Five-year ROI prints 138.42% and total cumulative return in cash totals $163,129.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,000/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32926, Cocoa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,362 (100%) |
| Owner Occupied HU | 8,000 (70.4%) |
| Renter Occupied HU | 2,410 (21.2%) |
| Vacant Housing Units | 952 ( 8.4%) |
| Median Home Value | $351,476 |
| Average Home Value | $414,836 |
Housing Distribution
Address Breakdown
Residential
10,556
Single Family
9,989
Multi-Family
567
Businesses
503
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