124 Coral Way EIndialanticFL32903
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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
Investment Highlights
Investment property for sale in Indialantic at 124 Coral Way E, Indialantic, FL, 32903 earns from $3,360/mo rent with a $7,342/mo payment. Total monthly income totals $3,360/mo. ROI tracks 4.09% on current figures, and rental yield reads 2.69% at a $1,500,000 purchase. Equity gained on principal adds $9,679/yr, and 5% annual appreciation supports $414,422 over five years. Five-year ROI reaches 18.5% and total cumulative return in cash sums $89,915. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,360/mo property income instead of your personal income.
Multi Family
Built in N/A
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32903, Indialantic, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,168 (100%) |
| Owner Occupied HU | 4,984 (69.5%) |
| Renter Occupied HU | 1,264 (17.6%) |
| Vacant Housing Units | 920 (12.8%) |
| Median Home Value | $592,903 |
| Average Home Value | $628,684 |
Housing Distribution
Address Breakdown
Residential
6,686
Single Family
5,455
Multi-Family
1,231
Businesses
481
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Listed by: Jennifer Brown • Relentless Real Estate Co.
Mls Name: Space Coast AOR
Mls ID: #1051378