5350 Ocean Beach Blvd APT 210Cocoa 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 5350 Ocean Beach Blvd APT 210, Cocoa Beach, FL, 32931 earns $60/mo cash flow from $3,212/mo rent with a $2,325/mo payment. Total monthly income totals $3,212/mo, and annual cash flow totals $717/yr on $157,463 capital. ROI tracks 20.36% on current figures, and rental yield reads 8.11% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 105.87% and total cumulative return in cash sums $166,699. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,212/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No 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: Dennis Conklin • WINDERMERE COCOA BEACH CENTER
Mls Name: Stellar MLS
Mls ID: #O6367641