205 Island Water Way, Apollo Beach, FL, 33572 | $1,136/mo Cash Flow

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205 Island Water Way, Apollo Beach, FL, 33572 | $1,136/mo Cash Flow | Ziffy

Pending

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 Apollo Beach at 205 Island Water Way, Apollo Beach, FL, 33572 with 5% annual appreciation on a $279,900 basis while $2,993/mo rent supports operations. Total monthly income totals $2,993/mo and a $1,370/mo payment preserves $1,136/mo for cash returns. Annual cash flow comes to $13,626/yr on $92,787 deployed, and return on cash invested reaches 34.59% in year one. Equity gained on principal adds $1,806/yr, and five-year appreciation sums $77,331 alongside rental yield of 12.83%. Five-year ROI measures 182.2% and total cumulative return in cash totals $169,057.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,993/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1998

8,892 sqft lot

$N/A/sqft

No HOA

More details about the property

Under contract-accepting backup offers. Take advantage of a seller paid promo! Seller offers a $8,397 credit toward closing costs and prepaid items, including a possible rate buy down, on any full price offer accepted by 10/31/25. Welcome to this well kept three bedroom, two bath home in Island Walk at Apollo Beach. The 1,500 square foot open floor plan showcases easy care ceramic tile throughout and includes a two car garage. A generous primary suite offers dual sinks, a walk in shower, and a large walk in closet, while two guest bedrooms share a convenient hall bath. The spacious kitchen provides abundant cabinet storage and plenty of counter space for cooking and casual meals. Step outside to a screened patio that overlooks the fenced backyard, an ideal setting for relaxing or entertaining with privacy. Low HOA fees and no CDD keep ownership costs down. Schedule your private showing today to see all that this home has to offer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33572, Apollo Beach, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,329 (100%)
Owner Occupied HU	9,981 (74.9%)
Renter Occupied HU	1,908 (14.3%)
Vacant Housing Units	1,440 (10.8%)
Median Home Value	$548,592
Average Home Value	$602,214