120 Mediterranean Way, Indian Harbour Beach, FL, 32937 | 2.25% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,871/mo, and a $4,890/mo payment. Purchase price stands at $999,000, and rental yield measures 2.25% with $1,871/mo rent. Return on cash invested shows 2.69% in year one, and 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 11.04% and total cumulative return in cash records $36,290. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,871/mo property income covering a $4,890/mo payment rather than investor’s personal income.

Single Family

Built in 2015

9,148 sqft lot

$N/A/sqft

No 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