2504 Gulf Blvd APT 201Indian Rocks BeachFL33785
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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 Rocks Beach at 2504 Gulf Blvd APT 201, Indian Rocks Beach, FL, 33785 earns from $3,900/mo rent with a $4,527/mo payment. Total monthly income totals $3,900/mo. ROI tracks 11.24% on current figures, and rental yield reads 5.06% at a $924,900 purchase. Equity gained on principal adds $5,968/yr, and 5% annual appreciation supports $255,533 over five years. Five-year ROI reaches 56.89% and total cumulative return in cash sums $173,117. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,900/mo property income instead of your personal income.
Condo
Built in 1981
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33785, Indian Rocks Beach, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,362
Single Family
2,266
Multi-Family
1,096
Businesses
395
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Listed by: Michael Perez PA • PREMIER SOTHEBY'S INTL REALTY
Mls Name: Stellar MLS
Mls ID: #TB8384249