75 Coral Sea Way APT 11Satellite BeachFL32937
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 Satellite Beach at 75 Coral Sea Way APT 11, Satellite Beach, FL, 32937 earns $258/mo cash flow from $3,610/mo rent with a $2,472/mo payment. Total monthly income totals $3,610/mo, and annual cash flow totals $3,102/yr on $166,145 capital. ROI tracks 21.93% on current figures, and rental yield reads 8.58% at a $505,000 purchase. Equity gained on principal adds $3,259/yr, and 5% annual appreciation supports $139,522 over five years. Five-year ROI reaches 114.23% and total cumulative return in cash sums $189,786. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,610/mo property income instead of your personal income.
Townhouse
Built in 1993
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32937, Satellite Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,207 (100%) |
| Owner Occupied HU | 9,838 (69.2%) |
| Renter Occupied HU | 2,495 (17.6%) |
| Vacant Housing Units | 1,874 (13.2%) |
| Median Home Value | $498,245 |
| Average Home Value | $575,100 |
Housing Distribution
Address Breakdown
Residential
12,570
Single Family
10,758
Multi-Family
1,812
Businesses
1,010
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lesley Byrd • Arium Real Estate, LLC
Mls Name: Space Coast AOR
Mls ID: #1060320