398 Oak Cove RdTitusvilleFL32780
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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 398 Oak Cove Rd, Titusville, FL, 32780 uses $38,951 cash to close to unlock $14,278/yr annual cash flow and $1,190/mo monthly cash flow. Total monthly income runs $2,190/mo, and a $575/mo payment keeps the spread at $1,190/mo. Purchase price stands at $117,500, and rental yield measures 22.37% with $2,190/mo rent. Return on cash invested shows 56.56% in year one, and 5% annual appreciation builds toward $32,463 over five years. Five-year ROI reaches 302.48% and total cumulative return in cash records $117,818. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,190/mo property income covering a $575/mo payment rather than investor’s personal income.
Condo
Built in 1991
1,742 sqft lot
$N/A/sqft
$190 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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