801 S Brevard Ave APT CCocoa BeachFL32931
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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 Cocoa Beach at 801 S Brevard Ave APT C, Cocoa Beach, FL, 32931 priced at $183,999 pairs $1,829/mo rent with $6/mo cash flow after a $901/mo payment. Total monthly income equals $1,829/mo, and annual cash flow comes to $74/yr on $60,996 invested. Return on cash invested is 20.03% in year one, and rental yield stands at 11.93% on a $183,999 basis. Equity gained on principal adds $1,187/yr, and 5% annual appreciation accumulates to $50,836 by year five. Five-year ROI measures 108.44% and total cumulative return in cash reaches $66,144. For financing, Ziffy Mortgage’s DSCR program evaluates $1,829/mo property income against a $901/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1963
1,306 sqft lot
$N/A/sqft
$540 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32931, Cocoa Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,899 (100%) |
| Owner Occupied HU | 5,582 (51.2%) |
| Renter Occupied HU | 1,807 (16.6%) |
| Vacant Housing Units | 3,510 (32.2%) |
| Median Home Value | $579,461 |
| Average Home Value | $632,244 |
Housing Distribution
Address Breakdown
Residential
8,985
Single Family
4,726
Multi-Family
4,259
Businesses
667
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Listed by: Domenic Keenan • Vincent Keenan, REALTORS
Mls Name: Space Coast AOR
Mls ID: #1017157
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.