517 20th AveIndian 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 517 20th Ave, Indian Rocks Beach, FL, 33785 with 5% annual appreciation on a $1,500,000 basis while $5,088/mo rent supports operations. 83% in year one. Equity gained on principal adds $9,679/yr, and five-year appreciation sums $414,422 alongside rental yield of 4.07%. Five-year ROI measures 33.78% and total cumulative return in cash totals $164,147. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,088/mo property income versus a $7,342/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1971
6,334 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: Steven Koleno • BEYCOME OF FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6231611
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