517 Fairhope DrApollo BeachFL33572
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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 Apollo Beach at 517 Fairhope Dr, Apollo Beach, FL, 33572 uses $86,157 cash to close to unlock $460/yr annual cash flow and $38/mo monthly cash flow. Total monthly income runs $1,763/mo, and a $1,272/mo payment keeps the spread at $38/mo. Purchase price stands at $259,900, and rental yield measures 8.14% with $1,763/mo rent. Return on cash invested shows 20.44% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 106.34% and total cumulative return in cash records $91,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,763/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1960
8,880 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33572, Apollo Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,329 (100%) |
| Owner Occupied HU | 9,981 (74.9%) |
| Renter Occupied HU | 1,908 (14.3%) |
| Vacant Housing Units | 1,440 (10.8%) |
| Median Home Value | $548,592 |
| Average Home Value | $602,214 |
Housing Distribution
Address Breakdown
Residential
12,071
Single Family
11,273
Multi-Family
798
Businesses
406
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Listed by: David O'Brien • STAR BAY REALTY CORP.
Mls Name: Stellar MLS
Mls ID: #TB8402234