387 12th AveIndian 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 387 12th Ave, Indian Rocks Beach, FL, 33785 earns from $6,000/mo rent with a $8,299/mo payment. Total monthly income totals $6,000/mo. ROI tracks 8.9% on current figures, and rental yield reads 4.25% at a $1,695,555 purchase. Equity gained on principal adds $10,941/yr, and 5% annual appreciation supports $468,451 over five years. Five-year ROI reaches 44.29% and total cumulative return in cash sums $243,304. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,000/mo property income instead of your personal income.
Single Family
Built in 1960
7,113 sqft 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: Matt Galster • CENTURY 21 LIST WITH BEGGINS
Mls Name: Stellar MLS
Mls ID: #TB8466117