830 N Atlantic Ave APT B1703Cocoa 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
Total monthly income runs $2,500/mo, and a $3,328/mo payment. Purchase price stands at $679,999, and rental yield measures 4.41% with $2,500/mo rent. Return on cash invested shows 9.27% in year one, and 5% annual appreciation builds toward $187,871 over five years. Five-year ROI reaches 46.33% and total cumulative return in cash records $103,656. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,500/mo property income covering a $3,328/mo payment rather than investor’s personal income.
Condo
Built in 1980
3,049 sqft lot
$N/A/sqft
No 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: Susan M Lewis • RE/MAX Elite
Mls Name: Space Coast AOR
Mls ID: #1061196