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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 900 Gulf Blvd APT 808, Indian Rocks Beach, FL, 33785 generates $8,051/mo in rent and, after a $4,596/mo payment, leaves $772/mo in cash flow. Total monthly income is $8,051/mo, and annual cash flow is $9,260/yr on $308,931 invested. Return on cash invested sits at 23.06% in year one, and rental yield is 10.29% on a $939,000 entry. Equity gained on principal adds $6,059/yr, while 5% annual appreciation builds toward $259,428 over five years. Five-year ROI reaches 121.76% and total cumulative return in cash sums $376,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $8,051/mo property income rather than buyer’s personal income.
Condo
Built in 1981
2.43 Acres lot
$N/A/sqft
$918 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 |
|---|---|---|
| 2024-06-28 | Listed for sale | $939,000 |
| 2012-07-26 | Sold | $429,000 |
| 2012-04-18 | Listed for sale | $429,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $9917.29 | 13.82% | $645,828 | 24.59% |
| 2022-08-30 | $8713.27 | 9.00% | $518,363 | 10.00% |
| 2021-08-30 | $7993.69 | 4.58% | $471,239 | 6.52% |
Listed by: Julie Folden • COASTAL PROPERTIES GROUP INTERNATIONAL
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8248350
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
