2065 Highway A1a APT 1505AIndian Harbour BeachFL32937
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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 Harbour Beach at 2065 Highway A1a APT 1505A, Indian Harbour Beach, FL, 32937 earns from $5,262/mo rent with a $5,482/mo payment. Total monthly income totals $5,262/mo. ROI tracks 13.19% on current figures, and rental yield reads 5.64% at a $1,120,000 purchase. Equity gained on principal adds $7,227/yr, and 5% annual appreciation supports $309,435 over five years. Five-year ROI reaches 67.33% and total cumulative return in cash sums $244,319. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,262/mo property income instead of your personal income.
Condo
Built in 2004
7.87 Acres 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 |
Housing Distribution
Address Breakdown
Residential
12,570
Single Family
10,758
Multi-Family
1,812
Businesses
1,010
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Listed by: Jennifer Brooke Schultz • EXP Realty LLC
Mls Name: Space Coast AOR
Mls ID: #1057817