3435 Skimmer LnTitusvilleFL32796
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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 Titusville at 3435 Skimmer Ln, Titusville, FL, 32796 offers a 9.46% rental yield on a $144,500 purchase with $1,139/mo rent. Total monthly income registers $1,139/mo, and a $707/mo payment leaves $180/mo available for distribution. Annual cash flow reaches $2,164/yr on $47,902 to close, and return on cash invested stands at 24.43% in year one. Equity gained on principal adds $932/yr while 5% annual appreciation supports $39,923 over five years. Portfolio math shows five-year ROI at 127.73% and total cumulative return in cash at $61,183. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,139/mo property income against a $707/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
N/A lot
$N/A/sqft
No 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
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Listed by: Michelle Pryor • Swan Lake Estates
Mls Name: My State MLS
Mls ID: #11537287