152 E Colonial Ct #84, Indian Harbour Beach, FL, 32937 | $182/mo Cash Flow

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

Investment property for sale in Indian Harbour Beach at 152 E Colonial Ct #84, Indian Harbour Beach, FL, 32937 offers a 9.05% rental yield on a $199,900 purchase with $1,508/mo rent. Total monthly income registers $1,508/mo, and a $978/mo payment leaves $182/mo available for distribution. Annual cash flow reaches $2,182/yr on $66,267 to close, and return on cash invested stands at 23.2% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 121.07% and total cumulative return in cash at $80,233. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,508/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1964

2,178 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