575 Shadow Wood Ln APT 234TitusvilleFL32780
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
Rental property for sale in Titusville at 575 Shadow Wood Ln APT 234, Titusville, FL, 32780 generates $1,942/mo in rent and, after a $978/mo payment, leaves $616/mo in cash flow. Total monthly income is $1,942/mo, and annual cash flow is $7,390/yr on $66,267 invested. Return on cash invested sits at 31.06% in year one, and rental yield is 11.66% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 163.21% and total cumulative return in cash sums $108,157. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,942/mo property income rather than buyer’s personal income.
Condo
Built in 1990
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32780, Titusville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,611 (100%) |
| Owner Occupied HU | 12,739 (61.8%) |
| Renter Occupied HU | 5,629 (27.3%) |
| Vacant Housing Units | 2,243 (10.9%) |
| Median Home Value | $360,092 |
| Average Home Value | $405,570 |
Housing Distribution
Address Breakdown
Residential
18,530
Single Family
16,047
Multi-Family
2,483
Businesses
1,051
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica C. Mitchell • Florida Properties of Brevard
Mls Name: Space Coast AOR
Mls ID: #1058106