49 Tortuga TrlSatellite BeachFL32937
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Satellite Beach rental at 49 Tortuga Trl, Satellite Beach, FL, 32937 sits in the solid-income band: 9.75% gross yield, $3,289/mo rent, $437/mo net after the $1,821/mo debt service, DSCR 1.81. Entry price of $404,990 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $111,891 and $3,730/yr in principal reduction bring total cumulative return to $183,172.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.0% |
| Monthly Cash Flow | $437 | $1,500 |
City averages based on Satellite Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,289 |
| Total Monthly Debt Service | $2,691 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2025
2,613 sqft lot
$N/A/sqft
$165 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32937, Satellite Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,207 (100%) |
| Owner Occupied HU | 9,838 (69.2%) |
| Renter Occupied HU | 2,495 (17.6%) |
| Vacant Housing Units | 1,874 (13.2%) |
| Median Home Value | $498,245 |
| Average Home Value | $575,100 |
Housing Distribution
Address Breakdown
Residential
12,570
Single Family
10,758
Multi-Family
1,812
Businesses
1,010
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
Townhouse
Built in 2025
2,613 sqft lot
$N/A/sqft
$165 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32937, Satellite Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,207 (100%) |
| Owner Occupied HU | 9,838 (69.2%) |
| Renter Occupied HU | 2,495 (17.6%) |
| Vacant Housing Units | 1,874 (13.2%) |
| Median Home Value | $498,245 |
| Average Home Value | $575,100 |
Housing Distribution
Address Breakdown
Residential
12,570
Single Family
10,758
Multi-Family
1,812
Businesses
1,010
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Howard J. Darvin • D.R.Horton Realty of Melbourne
Mls Name: Space Coast AOR
Mls ID: #1064474
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.