708 Gulf Blvd APT D, Indian Rocks Beach, FL, 33785 | 5.35% Rental Yield

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708 Gulf Blvd APT D, Indian Rocks Beach, FL, 33785 | 5.35% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Rental Income+ 1 more

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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

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Investment Highlights

Rental property for sale in Indian Rocks Beach at 708 Gulf Blvd APT D, Indian Rocks Beach, FL, 33785 priced at $697,990 pairs $3,109/mo rent with after a $3,416/mo payment. Total monthly income equals $3,109/mo. Return on cash invested is 12.1% in year one, and rental yield stands at 5.35% on a $697,990 basis. Equity gained on principal adds $4,504/yr, and 5% annual appreciation accumulates to $192,842 by year five. Five-year ROI measures 61.55% and total cumulative return in cash reaches $141,345. For financing, Ziffy Mortgage’s DSCR program evaluates $3,109/mo property income against a $3,416/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 1981

N/A lot

$N/A/sqft

No HOA

More details about the property

SHORT TERM RENTAL ALLOW. 1 WEEK MINIMUM, THIS WEEK IS PERFECT FOR GREAT RETURN IN YOUR INVESTMENT. Top-Floor Corner Condo with Gulf Views | Steps from the Sand Rare opportunity to own a 2BR / 1.5BA Key West-style condo with direct views of the Gulf of Mexico. Located in Sandpiper Sands, a private 4-unit building on the desirable west side of Gulf Blvdjust steps from one of the best beaches on Floridas west coast. This southwest-facing, top-floor corner unit offers flexibility for investment (7-day rentals allowed), a full-time home, or a weekend beach escape. Highlights include: New A/C (2023) Kitchen with granite counters, wood cabinets, and stainless steel appliances In-unit LG washer & dryer Neutral color palette with ceramic tile and engineered wood flooring throughout Two private balconies to enjoy Gulf breezes and sunsets Fresh exterior paint (2022) and lush, well-kept tropical landscaping Extras that set it apart: More outdoor storage than most beach condostwo private storage bins Under-building parking + paver apron for easy loading/unloading Common patio with grill area Walkable to local restaurants and nightlife Trolley stop right out front for easy access up and down the coast This condo offers location, views, and value that are rarely found together. Dont waitschedule your showing today before its gone.

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