901 S Palm AveIndialanticFL32903
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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
Investment Highlights
Investment property for sale in Indialantic at 901 S Palm Ave, Indialantic, FL, 32903 earns $500/mo cash flow from $6,634/mo rent with a $4,454/mo payment. Total monthly income totals $6,634/mo, and annual cash flow totals $6,003/yr on $299,390 capital. ROI tracks 22.07% on current figures, and rental yield reads 8.75% at a $910,000 purchase. Equity gained on principal adds $5,872/yr, and 5% annual appreciation supports $251,416 over five years. Five-year ROI reaches 115.11% and total cumulative return in cash sums $344,623. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,634/mo property income instead of your personal income.
Single Family
Built in 1968
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32903, Indialantic, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,168 (100%) |
| Owner Occupied HU | 4,984 (69.5%) |
| Renter Occupied HU | 1,264 (17.6%) |
| Vacant Housing Units | 920 (12.8%) |
| Median Home Value | $592,903 |
| Average Home Value | $628,684 |
Housing Distribution
Address Breakdown
Residential
6,686
Single Family
5,455
Multi-Family
1,231
Businesses
481
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Listed by: Mary Goodwin • Compass Florida, LLC
Mls Name: Space Coast AOR
Mls ID: #1021888
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.