505 Siena CtSatellite BeachFL32937
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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 Satellite Beach at 505 Siena Ct, Satellite Beach, FL, 32937 at $549,000 posts ROI 22.32% with $340/mo cash flow from $3,983/mo rent. Total monthly income equals $3,983/mo, and annual cash flow records $4,078/yr on $180,621 to close. Return on cash invested measures 22.32% and rental yield reads 8.71% at the current $549,000. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 by year five. Five-year ROI prints 116.32% and total cumulative return in cash totals $210,092.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,983/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2006
8,276 sqft lot
$N/A/sqft
No 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
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Listed by: Chris Dena Michocki • BHHS Florida Realty
Mls Name: Space Coast AOR
Mls ID: #1064021