6805 Spring StCocoaFL32927
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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 at 6805 Spring St, Cocoa, FL, 32927 with 5% annual appreciation on a $299,999 basis while $3,932/mo rent supports operations. Total monthly income totals $3,932/mo and a $1,468/mo payment preserves $1,942/mo for cash returns. Annual cash flow comes to $23,298/yr on $99,450 deployed, and return on cash invested reaches 43.34% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 15.73%. Five-year ROI measures 229.07% and total cumulative return in cash totals $227,808.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,932/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
0.48 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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Listed by: Lisa E Ramsey • Keller Williams Realty Brevard
Mls Name: Space Coast AOR
Mls ID: #1017009
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.