85 S Atlantic Ave APT 201Cocoa BeachFL32931
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 Beach at 85 S Atlantic Ave APT 201, Cocoa Beach, FL, 32931 priced at $457,470 converts $3,372/mo rent into after a $2,239/mo obligation. Total monthly income equals $3,372/mo. Return on cash invested prints -0.92% in year one, and rental yield reads 8.85% against a $457,470 entry. Equity gained on principal adds $2,952/yr, while 5% annual appreciation compiles into $126,391 by year five. Five-year ROI reaches 0.28% and total cumulative return in cash sums $431. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,372/mo property income covering a $2,239/mo payment, not borrower’s personal income.
Multi Family
Built in 1986
2,613 sqft lot
$N/A/sqft
$2,708 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A