717 E Gulf BlvdIndian Rocks BeachFL33785
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 717 E Gulf Blvd, Indian Rocks Beach, FL, 33785 offers a 2.98% rental yield on a $1,149,900 purchase with $2,856/mo rent. 99% in year one. Equity gained on principal adds $7,420/yr while 5% annual appreciation supports $317,696 over five years. Portfolio math shows five-year ROI at 23.35% and total cumulative return in cash at $86,990. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,856/mo property income against a $5,628/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1959
5,624 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William Lennon • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8459701