3535 Sable Palm Ln UNIT BTitusvilleFL32780
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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 3535 Sable Palm Ln UNIT B, Titusville, FL, 32780 uses $44,753 cash to close to unlock $4,666/yr annual cash flow and $389/mo monthly cash flow. Total monthly income runs $1,285/mo, and a $661/mo payment keeps the spread at $389/mo. Purchase price stands at $135,000, and rental yield measures 11.42% with $1,285/mo rent. Return on cash invested shows 30.34% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 159.38% and total cumulative return in cash records $71,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,285/mo property income covering a $661/mo payment rather than investor’s personal income.
Condo
Built in 1986
3,049 sqft lot
$N/A/sqft
No 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: David J Somers • Coldwell Banker Coast Realty
Mls Name: Space Coast AOR
Mls ID: #1064134