7014 Covington Stone AveApollo 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 7014 Covington Stone Ave, Apollo Beach, FL, 33572 uses $254,975 cash to close to unlock $19,157/yr annual cash flow and $1,596/mo monthly cash flow. Total monthly income runs $6,965/mo, and a $3,793/mo payment keeps the spread at $1,596/mo. Purchase price stands at $775,000, and rental yield measures 10.78% with $6,965/mo rent. Return on cash invested shows 27.57% in year one, and 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 144.89% and total cumulative return in cash records $369,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,965/mo property income covering a $3,793/mo payment rather than investor’s personal income.
Single Family
Built in 2013
10,454 sqft lot
$N/A/sqft
$98 annually 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: Frank Roma • Berkshire Hathaway Home Servic
Mls Name: East Alabama BOR
Mls Provider:
Mls ID: #E99265
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.