405 Dummitt AveTitusvilleFL32796
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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 405 Dummitt Ave, Titusville, FL, 32796 with 5% annual appreciation on a $175,000 basis while $1,403/mo rent supports operations. Total monthly income totals $1,403/mo and a $857/mo payment preserves $241/mo for cash returns. Annual cash flow comes to $2,895/yr on $58,013 deployed, and return on cash invested reaches 24.9% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 9.62%. Five-year ROI measures 130.27% and total cumulative return in cash totals $75,571.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,403/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32796, Titusville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,787 (100%) |
| Owner Occupied HU | 7,006 (71.6%) |
| Renter Occupied HU | 1,948 (19.9%) |
| Vacant Housing Units | 833 ( 8.5%) |
| Median Home Value | $299,770 |
| Average Home Value | $311,870 |
Housing Distribution
Address Breakdown
Residential
9,376
Single Family
8,934
Multi-Family
442
Businesses
512
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Listed by: Wendy Lockwood • RE/MAX Solutions
Mls Name: Space Coast AOR
Mls ID: #1047848