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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% |
Rental property for sale in Apollo Beach at 123 Island Water Way, Apollo Beach, FL, 33572 priced at $379,000 pairs $2,880/mo rent with $348/mo cash flow after a $1,855/mo payment. Total monthly income equals $2,880/mo, and annual cash flow comes to $4,175/yr on $125,639 invested. Return on cash invested is 23.23% in year one, and rental yield stands at 9.12% on a $379,000 basis. Equity gained on principal adds $2,446/yr, and 5% annual appreciation accumulates to $104,711 by year five. Five-year ROI measures 121.3% and total cumulative return in cash reaches $152,399. For financing, Ziffy Mortgage’s DSCR program evaluates $2,880/mo property income against a $1,855/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
8,442 sqft lot
$N/A/sqft
$17 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 |
|---|---|---|
| 2025-04-17 | Listed for sale | $379,000 |
| 2016-12-21 | Sold | $195,000 |
| 2016-11-16 | Pending sale | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $3190.77 | 4.26% | $193,725 | 3.00% |
| 2023-04-18 | $3060.29 | 5.79% | $188,083 | 3.00% |
| 2022-04-18 | $2892.76 | 1.34% | $182,605 | 3.00% |
Listed by: Sue DiPetrillo • FLORIDA EXECUTIVE REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8376009
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
