424 Jefferson AveCape CanaveralFL32920
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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 Cape Canaveral at 424 Jefferson Ave, Cape Canaveral, FL, 32920 listed at $1,499,000 pairs $3,986/mo rent with a $7,337/mo payment. Total monthly income runs $3,986/mo. Return on cash invested measures 5.64% in year one, and rental yield registers 3.19% at a $1,499,000 basis. Equity gained on principal adds $9,673/yr, and annual property appreciation at 5% supports $414,146 by year five. Five-year ROI tracks 26.83% and total cumulative return in cash totals $130,305. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,986/mo property income relative to a $7,337/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1980
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32920, Cape Canaveral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,198 (100%) |
| Owner Occupied HU | 3,329 (40.6%) |
| Renter Occupied HU | 2,467 (30.1%) |
| Vacant Housing Units | 2,402 (29.3%) |
| Median Home Value | $488,323 |
| Average Home Value | $528,211 |
Housing Distribution
Address Breakdown
Residential
7,026
Single Family
4,642
Multi-Family
2,384
Businesses
572
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Listed by: Mark Zervos • Platinum Real Estate
Mls Name: Space Coast AOR
Mls ID: #1060245