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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Indian Rocks Beach at 399 C 2nd St UNIT 415, Indian Rocks Beach, FL, 33785 earns $1,657/mo cash flow from $8,762/mo rent with a $3,856/mo payment. Total monthly income totals $8,762/mo, and annual cash flow totals $19,881/yr on $259,219 capital. ROI tracks 27.73% on current figures, and rental yield reads 13.34% at a $787,900 purchase. Equity gained on principal adds $5,084/yr, and 5% annual appreciation supports $217,682 over five years. Five-year ROI reaches 148.49% and total cumulative return in cash sums $384,913. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,762/mo property income instead of your personal income.
Condo
Built in 2016
0.36 Acres lot
$N/A/sqft
$1,703 monthly HOA
Neighborhood data shown for ZIP Code: 33785, Indian Rocks Beach, FL area.
| 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 |
Residential
3,362
Single Family
2,266
Multi-Family
1,096
Businesses
395
Date | Event | Price |
|---|---|---|
| 2024-05-28 | Listed for sale | $787,900 |
| 2017-04-21 | Sold | $380,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $9102.87 | 15.00% | $508,200 | 10.00% |
| 2022-08-30 | $7915.79 | 10.50% | $462,000 | 10.00% |
| 2021-08-30 | $7163.66 | -4.00% | $420,000 | -1.67% |
Listed by: Kelly Moy • CENTURY 21 COAST TO COAST
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8243736
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
