195 Ponce De Leon DrIndialanticFL32903
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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
Rental property for sale in Indialantic at 195 Ponce De Leon Dr, Indialantic, FL, 32903 priced at $159,900 converts $3,822/mo rent into $2,761/mo cash flow after a $783/mo obligation. Total monthly income equals $3,822/mo, and annual cash flow totals $33,126/yr on $53,007 invested. Return on cash invested prints 82.4% in year one, and rental yield reads 28.68% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 438.61% and total cumulative return in cash sums $232,494. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,822/mo property income covering a $783/mo payment, not borrower’s personal income.
Manufactured
Built in 1972
N/A 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: Donovan Frantz • Weichert, Realtors - Hallmark Properties
Mls Name: My State MLS
Mls ID: #11286110