302 Latitude PlApollo BeachFL33572
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
Rental property for sale in Apollo Beach at 302 Latitude Pl, Apollo Beach, FL, 33572 priced at $363,900 converts $2,842/mo rent into $427/mo cash flow after a $1,781/mo obligation. Total monthly income equals $2,842/mo, and annual cash flow totals $5,127/yr on $120,633 invested. Return on cash invested prints 24.16% in year one, and rental yield reads 9.37% against a $363,900 entry. Equity gained on principal adds $2,348/yr, while 5% annual appreciation compiles into $100,539 by year five. Five-year ROI reaches 126.23% and total cumulative return in cash sums $152,278. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,842/mo property income covering a $1,781/mo payment, not borrower’s personal income.
Single Family
Built in 2004
4,600 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
12,071
Single Family
11,273
Multi-Family
798
Businesses
406
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Listed by: Derek Bailey • MARK SPAIN REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #TB8445227