5600 N Banana River Blvd APT 26Cocoa BeachFL32931
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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
Investment property for sale in Cocoa Beach at 5600 N Banana River Blvd APT 26, Cocoa Beach, FL, 32931 at $168,280 posts ROI 29.26% with $435/mo cash flow from $1,552/mo rent. Total monthly income equals $1,552/mo, and annual cash flow records $5,219/yr on $55,785 to close. Return on cash invested measures 29.26% and rental yield reads 11.07% at the current $168,280. Equity gained on principal adds $1,086/yr, and 5% annual appreciation supports $46,493 by year five. Five-year ROI prints 153.61% and total cumulative return in cash totals $85,689.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,552/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1965
1,306 sqft 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
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Nearby investment properties with comparable prices
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