880 Pilgrim DrTitusvilleFL32780
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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
Investment property for sale in Titusville at 880 Pilgrim Dr, Titusville, FL, 32780 uses $86,190 cash to close to unlock $8,858/yr annual cash flow and $738/mo monthly cash flow. Total monthly income runs $2,464/mo, and a $1,273/mo payment keeps the spread at $738/mo. Purchase price stands at $260,000, and rental yield measures 11.37% with $2,464/mo rent. Return on cash invested shows 30.19% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 158.57% and total cumulative return in cash records $136,673. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,464/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1968
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32780, Titusville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,611 (100%) |
| Owner Occupied HU | 12,739 (61.8%) |
| Renter Occupied HU | 5,629 (27.3%) |
| Vacant Housing Units | 2,243 (10.9%) |
| Median Home Value | $360,092 |
| Average Home Value | $405,570 |
Housing Distribution
Address Breakdown
Residential
18,530
Single Family
16,047
Multi-Family
2,483
Businesses
1,051
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Listed by: Tami Leliuga • Coldwell Banker Paradise
Mls Name: Space Coast AOR
Mls ID: #1061123