1045 Highway A1a #705Satellite BeachFL32937
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 Satellite Beach at 1045 Highway A1a #705, Satellite Beach, FL, 32937 earns from $4,104/mo rent with a $5,996/mo payment. Total monthly income totals $4,104/mo. ROI tracks 3.56% on current figures, and rental yield reads 4.02% at a $1,225,000 purchase. Equity gained on principal adds $7,905/yr, and 5% annual appreciation supports $338,445 over five years. Five-year ROI reaches 17.36% and total cumulative return in cash sums $68,904. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,104/mo property income instead of your personal income.
Condo
Built in 2019
1,306 sqft lot
$N/A/sqft
$1,100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32937, Satellite Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,207 (100%) |
| Owner Occupied HU | 9,838 (69.2%) |
| Renter Occupied HU | 2,495 (17.6%) |
| Vacant Housing Units | 1,874 (13.2%) |
| Median Home Value | $498,245 |
| Average Home Value | $575,100 |
Housing Distribution
Address Breakdown
Residential
12,570
Single Family
10,758
Multi-Family
1,812
Businesses
1,010
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Carroll • EXP Realty, LLC
Mls Name: Space Coast AOR
Mls ID: #1041827
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.