487 Harbor Dr SIndian 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 487 Harbor Dr S, Indian Rocks Beach, FL, 33785 at $1,300,000 posts ROI 25.51% with $1,806/mo cash flow from $10,433/mo rent. Total monthly income equals $10,433/mo, and annual cash flow records $21,670/yr on $421,200 to close. Return on cash invested measures 25.51% and rental yield reads 9.63% at the current $1,300,000. Equity gained on principal adds $8,389/yr, and 5% annual appreciation supports $359,166 by year five. Five-year ROI prints 133.4% and total cumulative return in cash totals $561,879.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $10,433/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2015
7,196 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: Kelly Ackley • PREMIER SOTHEBY'S INTL REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8397563
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