4240 Ponds DrCocoaFL32927
Nearby investment properties with comparable rents
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 4240 Ponds Dr, Cocoa, FL, 32927 generates $2,312/mo in rent, after a $1,908/mo payment. Total monthly income is $2,312/mo. Return on cash invested sits at 17.36% in year one, and rental yield is 7.12% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 89.72% and total cumulative return in cash sums $115,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,312/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32927, Cocoa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,463 (100%) |
| Owner Occupied HU | 9,320 (81.3%) |
| Renter Occupied HU | 1,619 (14.1%) |
| Vacant Housing Units | 524 ( 4.6%) |
| Median Home Value | $321,787 |
| Average Home Value | $384,264 |
Housing Distribution
Address Breakdown
Residential
11,146
Single Family
11,052
Multi-Family
94
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices