309 Panacea WayTitusvilleFL32780
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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
Rental property for sale in Titusville at 309 Panacea Way, Titusville, FL, 32780 priced at $530,000 pairs $3,076/mo rent with after a $2,594/mo payment. Total monthly income equals $3,076/mo. Return on cash invested is 14.53% in year one, and rental yield stands at 6.96% on a $530,000 basis. Equity gained on principal adds $3,420/yr, and 5% annual appreciation accumulates to $146,429 by year five. Five-year ROI measures 75.47% and total cumulative return in cash reaches $131,599. For financing, Ziffy Mortgage’s DSCR program evaluates $3,076/mo property income against a $2,594/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2016
8,276 sqft lot
$N/A/sqft
$1,088 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32780, Titusville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,611 (100%) |
| Owner Occupied HU | 12,739 (61.8%) |
| Renter Occupied HU | 5,629 (27.3%) |
| Vacant Housing Units | 2,243 (10.9%) |
| Median Home Value | $360,092 |
| Average Home Value | $405,570 |
Housing Distribution
Address Breakdown
Residential
18,530
Single Family
16,047
Multi-Family
2,483
Businesses
1,051
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Listed by: Pamela J Myers • Pamela Jo Myers LLC
Mls Name: Space Coast AOR
Mls ID: #1047254
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.