511 Clear View DrCocoaFL32927
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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 511 Clear View Dr, Cocoa, FL, 32927 priced at $147,780 converts $3,072/mo rent into $2,002/mo cash flow after a $723/mo obligation. Total monthly income equals $3,072/mo, and annual cash flow totals $24,021/yr on $48,989 invested. Return on cash invested prints 68.94% in year one, and rental yield reads 24.95% against a $147,780 entry. Equity gained on principal adds $954/yr, while 5% annual appreciation compiles into $40,829 by year five. Five-year ROI reaches 367.19% and total cumulative return in cash sums $179,885. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,072/mo property income covering a $723/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.46 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
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