5 Indian River Ave APT 402TitusvilleFL32796
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
Total monthly income runs $3,164/mo, and a $2,472/mo payment. Purchase price stands at $505,000, and rental yield measures 7.52% with $3,164/mo rent. Return on cash invested shows 18.71% in year one, and 5% annual appreciation builds toward $139,522 over five years. Five-year ROI reaches 96.96% and total cumulative return in cash records $161,094. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,164/mo property income covering a $2,472/mo payment rather than investor’s personal income.
Condo
Built in 2006
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32796, Titusville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,787 (100%) |
| Owner Occupied HU | 7,006 (71.6%) |
| Renter Occupied HU | 1,948 (19.9%) |
| Vacant Housing Units | 833 ( 8.5%) |
| Median Home Value | $299,770 |
| Average Home Value | $311,870 |
Housing Distribution
Address Breakdown
Residential
9,376
Single Family
8,934
Multi-Family
442
Businesses
512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrice Holley • EXP Realty LLC
Mls Name: Space Coast AOR
Mls ID: #1061113