18610 Gulf Blvd APT 607Indian ShoresFL33785
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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 Indian Shores at 18610 Gulf Blvd APT 607, Indian Shores, FL, 33785 earns $474/mo cash flow from $6,208/mo rent with a $3,622/mo payment. Total monthly income totals $6,208/mo, and annual cash flow totals $5,686/yr on $243,460 capital. ROI tracks 22.4% on current figures, and rental yield reads 10.07% at a $740,000 purchase. Equity gained on principal adds $4,775/yr, and 5% annual appreciation supports $204,448 over five years. Five-year ROI reaches 118.2% and total cumulative return in cash sums $287,770. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,208/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$560 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33785, Indian Rocks Beach, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,362
Single Family
2,266
Multi-Family
1,096
Businesses
395
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Listed by: Phillip Pendley, Jr • THE SEASIDE REAL ESTATE STORE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8395854
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