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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Indian Rocks Beach at 60 Gulf Blvd #212, Indian Rocks Beach, FL, 33785 priced at $819,000 converts $4,424/mo rent into after a $4,009/mo obligation. Total monthly income equals $4,424/mo. Return on cash invested prints 8.41% in year one, and rental yield reads 6.48% against a $819,000 entry. Equity gained on principal adds $5,285/yr, while 5% annual appreciation compiles into $226,275 by year five. Five-year ROI reaches 44.34% and total cumulative return in cash sums $119,481. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,424/mo property income covering a $4,009/mo payment, not borrower’s personal income.
Condo
Built in 1973
1.14 Acres lot
$N/A/sqft
$1,386 monthly HOA
Neighborhood data shown for ZIP Code: 33785, Indian Rocks Beach, FL area.
| 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 |
Residential
3,362
Single Family
2,266
Multi-Family
1,096
Businesses
395
Date | Event | Price |
|---|---|---|
| 2024-12-05 | Price change | $819,000 |
| 2024-08-24 | Price change | $850,000 |
| 2024-07-22 | Price change | $950,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $9906.23 | 15.62% | $566,579 | 10.00% |
| 2022-02-13 | $8567.59 | 7.83% | $515,072 | 10.00% |
| 2021-02-13 | $7945.22 | 4.74% | $468,247 | 6.70% |
No similar price properties found nearby.
Listed by: Julie Folden • COASTAL PROPERTIES GROUP INTERNATIONAL
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8244672
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
