755 Delespine AveTitusvilleFL32780
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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 Titusville at 755 Delespine Ave, Titusville, FL, 32780 priced at $220,000 converts $3,304/mo rent into $1,844/mo cash flow after a $1,077/mo obligation. Total monthly income equals $3,304/mo, and annual cash flow totals $22,126/yr on $72,930 invested. Return on cash invested prints 50.25% in year one, and rental yield reads 18.02% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 266.11% and total cumulative return in cash sums $194,075. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,304/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1962
0.25 Acres 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
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Listed by: Tara Marie Ruch • Flag Agency Inc.
Mls Name: Space Coast AOR
Mls ID: #977225