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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 718 Gulf Blvd APT 2, Indian Rocks Beach, FL, 33785 priced at $625,000 converts $3,740/mo rent into after a $3,059/mo obligation. Total monthly income equals $3,740/mo. Return on cash invested prints 14.5% in year one, and rental yield reads 7.18% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 75.56% and total cumulative return in cash sums $155,377. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,740/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Condo
Built in 1996
5,759 sqft lot
$N/A/sqft
$425 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 |
|---|---|---|
| 2025-01-30 | Listed for sale | $625,000 |
| 2024-07-11 | Listing removed | $649,000 |
| 2024-02-28 | Price change | $649,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $7008.09 | 10.83% | $369,681 | 10.00% |
| 2022-02-13 | $6323.48 | 19.10% | $336,074 | 10.00% |
| 2021-02-13 | $5309.21 | 39.92% | $305,522 | 22.78% |
Listed by: Tricia Priest • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8344196
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
