402 Flanders DrIndialanticFL32903
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 402 Flanders Dr, Indialantic, FL, 32903 earns $80/mo cash flow from $6,467/mo rent with a $4,527/mo payment. Total monthly income totals $6,467/mo, and annual cash flow totals $958/yr on $304,325 capital. ROI tracks 20.38% on current figures, and rental yield reads 8.39% at a $925,000 purchase. Equity gained on principal adds $5,969/yr, and 5% annual appreciation supports $255,560 over five years. Five-year ROI reaches 106.25% and total cumulative return in cash sums $323,341. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,467/mo property income instead of your personal income.
Single Family
Built in 1999
0.32 Acres lot
$N/A/sqft
$125 monthly 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: Rebecca D Maciel • J. Edwards Real Estate
Mls Name: Space Coast AOR
Mls ID: #1036176
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.