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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 1308 Gulf Blvd #C-1-7, Indian Rocks Beach, FL, 33785 offers a 10.22% rental yield on a $1,475,000 purchase with $12,564/mo rent. Total monthly income registers $12,564/mo, and a $7,219/mo payment leaves $976/mo available for distribution. Annual cash flow reaches $11,712/yr on $477,900 to close, and return on cash invested stands at 22.82% in year one. Equity gained on principal adds $9,518/yr while 5% annual appreciation supports $407,515 over five years. Portfolio math shows five-year ROI at 120.6% and total cumulative return in cash at $576,358. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $12,564/mo property income against a $7,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,800 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 |
|---|---|---|
| 2024-12-08 | Listed for sale | $1,475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
