








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 Apollo Beach at 114 Island Water Way, Apollo Beach, FL, 33572 listed at $375,000 pairs $3,152/mo rent with a $1,835/mo payment to leave $485/mo cash flow. Total monthly income runs $3,152/mo, and annual cash flow reaches $5,822/yr on $124,313 cash to close. Return on cash invested measures 24.59% in year one, and rental yield registers 10.09% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 129.2% and total cumulative return in cash totals $160,611. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,152/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
8,250 sqft lot
$N/A/sqft
$19 monthly HOA
Neighborhood data shown for ZIP Code: 33572, Apollo Beach, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,329 (100%) |
| Owner Occupied HU | 9,981 (74.9%) |
| Renter Occupied HU | 1,908 (14.3%) |
| Vacant Housing Units | 1,440 (10.8%) |
| Median Home Value | $548,592 |
| Average Home Value | $602,214 |
Residential
12,071
Single Family
11,273
Multi-Family
798
Businesses
406
Date | Event | Price |
|---|---|---|
| 2025-01-26 | Price change | $375,000 |
| 2024-09-16 | Pending sale | $380,000 |
| 2024-09-11 | Price change | $380,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $5251.96 | 20.60% | $271,876 | 29.01% |
| 2022-02-14 | $4354.78 | 12.83% | $210,745 | 10.00% |
| 2021-02-14 | $3859.47 | 6.04% | $191,586 | 5.58% |



Listed by: Ryan Schnyders • KELLER WILLIAMS SOUTH TAMPA
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8252627
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