409 Elinor StCocoaFL32926
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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 409 Elinor St, Cocoa, FL, 32926 priced at $109,000 pairs $2,450/mo rent with $1,726/mo cash flow after a $534/mo payment. Total monthly income equals $2,450/mo, and annual cash flow comes to $20,714/yr on $36,134 invested. Return on cash invested is 77.24% in year one, and rental yield stands at 26.97% on a $109,000 basis. Equity gained on principal adds $703/yr, and 5% annual appreciation accumulates to $30,115 by year five. Five-year ROI measures 410.97% and total cumulative return in cash reaches $148,498. For financing, Ziffy Mortgage’s DSCR program evaluates $2,450/mo property income against a $534/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No 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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