4747 S Washington Ave APT 116TitusvilleFL32780
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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 4747 S Washington Ave APT 116, Titusville, FL, 32780 uses $129,252 cash to close to unlock $3,059/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $2,842/mo, and a $1,908/mo payment keeps the spread at $255/mo. Purchase price stands at $389,900, and rental yield measures 8.75% with $2,842/mo rent. Return on cash invested shows 22.28% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 116.1% and total cumulative return in cash records $150,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,842/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Condo
Built in 1985
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32780, Titusville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,611 (100%) |
| Owner Occupied HU | 12,739 (61.8%) |
| Renter Occupied HU | 5,629 (27.3%) |
| Vacant Housing Units | 2,243 (10.9%) |
| Median Home Value | $360,092 |
| Average Home Value | $405,570 |
Housing Distribution
Address Breakdown
Residential
18,530
Single Family
16,047
Multi-Family
2,483
Businesses
1,051
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Listed by: Tim Costello • Treder Realty Inc.
Mls Name: Space Coast AOR
Mls ID: #1055563