959 Macco RdCocoaFL32927
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
Investment property for sale in Cocoa at 959 Macco Rd, Cocoa, FL, 32927 offers a 9.17% rental yield on a $315,000 purchase with $2,406/mo rent. Total monthly income registers $2,406/mo, and a $1,542/mo payment leaves $315/mo available for distribution. Annual cash flow reaches $3,784/yr on $104,423 to close, and return on cash invested stands at 23.53% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 122.89% and total cumulative return in cash at $128,321. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,406/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32927, Cocoa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,463 (100%) |
| Owner Occupied HU | 9,320 (81.3%) |
| Renter Occupied HU | 1,619 (14.1%) |
| Vacant Housing Units | 524 ( 4.6%) |
| Median Home Value | $321,787 |
| Average Home Value | $384,264 |
Housing Distribution
Address Breakdown
Residential
11,146
Single Family
11,052
Multi-Family
94
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kacie Leanne Anderson • Blue Marlin Real Estate
Mls Name: Space Coast AOR
Mls ID: #1049923
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.