8720 Lantana CtCape CanaveralFL32920
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 4 Bed
- 2 Bath
- 1828 sft
- 3 Bed
- 2 Bath
- 1604 sft
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
Investment property for sale in Cape Canaveral at 8720 Lantana Ct, Cape Canaveral, FL, 32920 uses $135,219 cash to close to unlock $27,343/yr annual cash flow and $2,279/mo monthly cash flow. Total monthly income runs $5,168/mo, and a $1,996/mo payment keeps the spread at $2,279/mo. Purchase price stands at $407,900, and rental yield measures 15.2% with $5,168/mo rent. Return on cash invested shows 40.13% in year one, and 5% annual appreciation builds toward $112,695 over five years. Five-year ROI reaches 212.46% and total cumulative return in cash records $287,280. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,168/mo property income covering a $1,996/mo payment rather than investor’s personal income.
Townhouse
Built in 1980
1,306 sqft lot
$N/A/sqft
$183 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32920, Cape Canaveral, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,198 (100%) |
| Owner Occupied HU | 3,329 (40.6%) |
| Renter Occupied HU | 2,467 (30.1%) |
| Vacant Housing Units | 2,402 (29.3%) |
| Median Home Value | $488,323 |
| Average Home Value | $528,211 |
Housing Distribution
Address Breakdown
Residential
7,026
Single Family
4,642
Multi-Family
2,384
Businesses
572
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 4 Bed
- 2 Bath
- 1828 sft
- 3 Bed
- 2 Bath
- 1604 sft
Listed by: Manny Canha • Blue Marlin Real Estate
Mls Name: Space Coast AOR
Mls ID: #1014823
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.