








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 Shores at 19111 Vista Bay Dr APT 603, Indian Shores, FL, 33785 offers a 10.47% rental yield on a $550,000 purchase with $4,800/mo rent. Total monthly income registers $4,800/mo, and a $2,692/mo payment leaves $85/mo available for distribution. Annual cash flow reaches $1,024/yr on $180,950 to close, and return on cash invested stands at 20.63% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 109.82% and total cumulative return in cash at $198,718. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,800/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1983
3.11 Acres lot
$N/A/sqft
$770 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 |
|---|---|---|
| 2025-06-26 | Listed for sale | $550,000 |
| 2024-02-26 | Listing removed | N/A |
| 2024-02-24 | Listed for sale | $725,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $8428.83 | 7.10% | $459,155 | 10.00% |
| 2023-06-26 | $7870.19 | 17.39% | $417,414 | 10.00% |
| 2022-06-26 | $6704.18 | 10.04% | $379,467 | 10.00% |



Listed by: Debbie Kleinman • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8379463
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