601 2nd StIndian 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 601 2nd St, Indian Rocks Beach, FL, 33785 earns $6,197/mo cash flow from $7,585/mo rent with a $1,024/mo payment. Total monthly income totals $7,585/mo, and annual cash flow totals $74,360/yr on $69,352 capital. ROI tracks 127.13% on current figures, and rental yield reads 43.51% at a $209,206 purchase. Equity gained on principal adds $1,350/yr, and 5% annual appreciation supports $57,800 over five years. Five-year ROI reaches 678.41% and total cumulative return in cash sums $470,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,585/mo property income instead of your personal income.
Condo
Built in 1988
N/A 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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