517 Summerset CtIndian Harbour 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 Indian Harbour Beach at 517 Summerset Ct, Indian Harbour Beach, FL, 32937 listed at $411,200 pairs $3,300/mo rent with a $2,013/mo payment to leave $571/mo cash flow. Total monthly income runs $3,300/mo, and annual cash flow reaches $6,850/yr on $136,313 cash to close. Return on cash invested measures 24.93% in year one, and rental yield registers 9.63% at a $411,200 basis. Equity gained on principal adds $2,653/yr, and annual property appreciation at 5% supports $113,607 by year five. Five-year ROI tracks 130.37% and total cumulative return in cash totals $177,712. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,300/mo property income relative to a $2,013/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A