4800 Ocean Beach Blvd APT 123Cocoa BeachFL32931
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
Investment property for sale in Cocoa Beach at 4800 Ocean Beach Blvd APT 123, Cocoa Beach, FL, 32931 uses $93,546 cash to close to unlock $1,865/yr annual cash flow and $155/mo monthly cash flow. Total monthly income runs $2,755/mo, and a $1,381/mo payment keeps the spread at $155/mo. Purchase price stands at $282,190, and rental yield measures 11.72% with $2,755/mo rent. Return on cash invested shows 21.9% in year one, and 5% annual appreciation builds toward $77,964 over five years. Five-year ROI reaches 117.52% and total cumulative return in cash records $109,932. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,755/mo property income covering a $1,381/mo payment rather than investor’s personal income.
Condo
Built in 1966
871 sqft lot
$N/A/sqft
$590 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32931, Cocoa Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,899 (100%) |
| Owner Occupied HU | 5,582 (51.2%) |
| Renter Occupied HU | 1,807 (16.6%) |
| Vacant Housing Units | 3,510 (32.2%) |
| Median Home Value | $579,461 |
| Average Home Value | $632,244 |
Housing Distribution
Address Breakdown
Residential
8,985
Single Family
4,726
Multi-Family
4,259
Businesses
667
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A