3488 Joe Murell DrTitusvilleFL32780
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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 3488 Joe Murell Dr, Titusville, FL, 32780 with 5% annual appreciation on a $195,000 basis while $2,860/mo rent supports operations. Total monthly income totals $2,860/mo and a $954/mo payment preserves $1,476/mo for cash returns. Annual cash flow comes to $17,716/yr on $64,643 deployed, and return on cash invested reaches 47.32% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 17.6%. Five-year ROI measures 251.05% and total cumulative return in cash totals $162,286.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,860/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2008
2,178 sqft lot
$N/A/sqft
$90 monthly 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: Kodi Coles • Arium Real Estate, LLC
Mls Name: Space Coast AOR
Mls ID: #1008030
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.