7 Indian River Ave APT 604TitusvilleFL32796
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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 Titusville at 7 Indian River Ave APT 604, Titusville, FL, 32796 earns from $3,046/mo rent with a $2,300/mo payment. Total monthly income totals $3,046/mo. ROI tracks 19.35% on current figures, and rental yield reads 7.78% at a $469,900 purchase. Equity gained on principal adds $3,032/yr, and 5% annual appreciation supports $129,825 over five years. Five-year ROI reaches 100.44% and total cumulative return in cash sums $156,458. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,046/mo property income instead of your personal income.
Condo
Built in 2005
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32796, Titusville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,787 (100%) |
| Owner Occupied HU | 7,006 (71.6%) |
| Renter Occupied HU | 1,948 (19.9%) |
| Vacant Housing Units | 833 ( 8.5%) |
| Median Home Value | $299,770 |
| Average Home Value | $311,870 |
Housing Distribution
Address Breakdown
Residential
9,376
Single Family
8,934
Multi-Family
442
Businesses
512
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Listed by: Margaret E. Reynolds • RE/MAX Aerospace Realty
Mls Name: Space Coast AOR
Mls ID: #1058223