3816 Deacon WayCocoaFL32926
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cocoa at 3816 Deacon Way, Cocoa, FL, 32926 priced at $410,000 converts $3,358/mo rent into $370/mo cash flow after a $2,007/mo obligation. Total monthly income equals $3,358/mo, and annual cash flow totals $4,439/yr on $135,915 invested. Return on cash invested prints 23.18% in year one, and rental yield reads 9.83% against a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation compiles into $113,275 by year five. Five-year ROI reaches 121.79% and total cumulative return in cash sums $165,527. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,358/mo property income covering a $2,007/mo payment, not borrower’s personal income.
Single Family
Built in 1987
1.37 Acres lot
$N/A/sqft
$100 annually 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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Listed by: Danita Bell • RE/MAX Aerospace Realty
Mls Name: Space Coast AOR
Mls ID: #1041130
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