520 Palm Springs Blvd APT 101Indian 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 520 Palm Springs Blvd APT 101, Indian Harbour Beach, FL, 32937 earns $1,214/mo cash flow from $3,592/mo rent with a $1,336/mo payment. Total monthly income totals $3,592/mo, and annual cash flow totals $14,565/yr on $90,500 capital. ROI tracks 36% on current figures, and rental yield reads 15.79% at a $273,000 purchase. Equity gained on principal adds $1,762/yr, and 5% annual appreciation supports $75,425 over five years. Five-year ROI reaches 192.47% and total cumulative return in cash sums $174,187. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,592/mo property income instead of your personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$542 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
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Listed by: Victoria Boltz • U S Realty Hub LLC
Mls Name: Space Coast AOR
Mls ID: #975929
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.