5028 Baggett PlCocoaFL32926
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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
Rental property for sale in Cocoa at 5028 Baggett Pl, Cocoa, FL, 32926 priced at $125,000 converts $2,820/mo rent into $1,990/mo cash flow after a $612/mo obligation. Total monthly income equals $2,820/mo, and annual cash flow totals $23,883/yr on $41,438 invested. Return on cash invested prints 77.55% in year one, and rental yield reads 27.07% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 412.62% and total cumulative return in cash sums $170,981. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,820/mo property income covering a $612/mo payment, not borrower’s personal income.
Manufactured
Built in 1996
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32926, Cocoa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,362 (100%) |
| Owner Occupied HU | 8,000 (70.4%) |
| Renter Occupied HU | 2,410 (21.2%) |
| Vacant Housing Units | 952 ( 8.4%) |
| Median Home Value | $351,476 |
| Average Home Value | $414,836 |
Housing Distribution
Address Breakdown
Residential
10,556
Single Family
9,989
Multi-Family
567
Businesses
503
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Listed by: Cristina Babilonia • RE/MAX Elite
Mls Name: Space Coast AOR
Mls ID: #1020386
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.