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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Indian Rocks Beach at 1108 Gulf Blvd APT 102, Indian Rocks Beach, FL, 33785 offers a 16.3% rental yield on a $499,900 purchase with $6,792/mo rent. Total monthly income registers $6,792/mo, and a $2,447/mo payment leaves $1,972/mo available for distribution. Annual cash flow reaches $23,664/yr on $165,717 to close, and return on cash invested stands at 34.19% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,113 over five years. Portfolio math shows five-year ROI at 183.97% and total cumulative return in cash at $304,872. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,792/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
0.91 Acres lot
$N/A/sqft
$1,072 monthly HOA
Neighborhood data shown for ZIP Code: 33785, Indian Rocks Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,066 (100%) |
| Owner Occupied HU | 2,107 (34.7%) |
| Renter Occupied HU | 584 ( 9.6%) |
| Vacant Housing Units | 3,375 (55.6%) |
| Median Home Value | $788,723 |
| Average Home Value | $969,783 |
Residential
3,362
Single Family
2,266
Multi-Family
1,096
Businesses
395
Date | Event | Price |
|---|---|---|
| 2024-09-03 | Price change | $499,900 |
| 2024-08-23 | Price change | $549,900 |
| 2024-07-29 | Price change | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $9612.50 | 13.87% | $552,196 | 10.00% |
| 2022-12-25 | $8441.43 | 8.88% | $501,996 | 10.00% |
| 2021-12-25 | $7752.68 | 3.83% | $456,360 | 5.73% |
Listed by: Catherine Brooks • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8248175
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
