562 Casa Bella DrCape CanaveralFL32920
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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 Cape Canaveral at 562 Casa Bella Dr, Cape Canaveral, FL, 32920 priced at $580,000 pairs $6,125/mo rent with $1,526/mo cash flow after a $2,839/mo payment. Total monthly income equals $6,125/mo, and annual cash flow comes to $18,310/yr on $190,820 invested. Return on cash invested is 29.66% in year one, and rental yield stands at 12.67% on a $580,000 basis. Equity gained on principal adds $3,743/yr, and 5% annual appreciation accumulates to $160,243 by year five. Five-year ROI measures 157.37% and total cumulative return in cash reaches $300,297. For financing, Ziffy Mortgage’s DSCR program evaluates $6,125/mo property income against a $2,839/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2006
8,276 sqft lot
$N/A/sqft
$750 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32920, Cape Canaveral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,198 (100%) |
| Owner Occupied HU | 3,329 (40.6%) |
| Renter Occupied HU | 2,467 (30.1%) |
| Vacant Housing Units | 2,402 (29.3%) |
| Median Home Value | $488,323 |
| Average Home Value | $528,211 |
Housing Distribution
Address Breakdown
Residential
7,026
Single Family
4,642
Multi-Family
2,384
Businesses
572
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Listed by: Kristy Patjens • Denovo Realty
Mls Name: Space Coast AOR
Mls ID: #1016982
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.