2320 Shell AveIndialanticFL32903
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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
Total monthly income runs $3,248/mo, and a $2,447/mo payment. Purchase price stands at $499,900, and rental yield measures 7.8% with $3,248/mo rent. Return on cash invested shows 19.4% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 100.73% and total cumulative return in cash records $166,932. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,248/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1960
9,147 sqft 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: Suzanne Migliorisi • Serving Brevard Realty
Mls Name: Space Coast AOR
Mls ID: #1061099