2700 N Highway A1a APT 7-102IndialanticFL32903
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Indialantic at 2700 N Highway A1a APT 7-102, Indialantic, FL, 32903 uses $71,273 cash to close to unlock $10,458/yr annual cash flow and $872/mo monthly cash flow. Total monthly income runs $2,298/mo, and a $1,052/mo payment keeps the spread at $872/mo. Purchase price stands at $215,000, and rental yield measures 12.83% with $2,298/mo rent. Return on cash invested shows 34.58% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 182.14% and total cumulative return in cash records $129,817. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,298/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Condo
Built in 1980
1,742 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A