755 Outer Dr #362CocoaFL32926
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 Cocoa at 755 Outer Dr #362, Cocoa, FL, 32926 generates $2,383/mo in rent and, after a $1,101/mo payment, leaves $640/mo in cash flow. Total monthly income is $2,383/mo, and annual cash flow is $7,681/yr on $74,588 invested. Return on cash invested sits at 30.21% in year one, and rental yield is 12.71% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 160.17% and total cumulative return in cash sums $119,469. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,383/mo property income rather than buyer’s personal income.
Manufactured
Built in 2003
10,454 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32926, Cocoa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,362 (100%) |
| Owner Occupied HU | 8,000 (70.4%) |
| Renter Occupied HU | 2,410 (21.2%) |
| Vacant Housing Units | 952 ( 8.4%) |
| Median Home Value | $351,476 |
| Average Home Value | $414,836 |
Housing Distribution
Address Breakdown
Residential
10,556
Single Family
9,989
Multi-Family
567
Businesses
503
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janice G Riley • LaRocque & Co., Realtors
Mls Name: Space Coast AOR
Mls ID: #1048984
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.