390 W Cocoa Beach Cswy #112Cocoa BeachFL32931
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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 Cocoa Beach at 390 W Cocoa Beach Cswy #112, Cocoa Beach, FL, 32931 earns $418/mo cash flow from $1,526/mo rent with a $817/mo payment. Total monthly income totals $1,526/mo, and annual cash flow totals $5,018/yr on $55,361 capital. ROI tracks 28.97% on current figures, and rental yield reads 10.97% at a $167,000 purchase. Equity gained on principal adds $1,078/yr, and 5% annual appreciation supports $46,139 over five years. Five-year ROI reaches 152.11% and total cumulative return in cash sums $84,207. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,526/mo property income instead of your personal income.
Condo
Built in 1965
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32931, Cocoa Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,899 (100%) |
| Owner Occupied HU | 5,582 (51.2%) |
| Renter Occupied HU | 1,807 (16.6%) |
| Vacant Housing Units | 3,510 (32.2%) |
| Median Home Value | $579,461 |
| Average Home Value | $632,244 |
Housing Distribution
Address Breakdown
Residential
8,985
Single Family
4,726
Multi-Family
4,259
Businesses
667
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Listed by: Jeanne Schroeder • Florida Property Center
Mls Name: Space Coast AOR
Mls ID: #1051641