4285 Glover StCocoaFL32927
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 4285 Glover St, Cocoa, FL, 32927 in Cocoa offers a clean, manageable entry. Rental yield 7.32%. DSCR 1.38 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $96,118 in additional property value over five years, with $3,204/yr in principal equity building ownership stake. Total projected cumulative return: $123,481.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 8.0% |
| Monthly Cash Flow | $(190) | $1,000 |
City averages based on Cocoa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,166 |
| Total Monthly Debt Service | $2,170 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
0.26 Acres 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
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
Single Family
Built in 1998
0.26 Acres 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