1003 S Bayshore Blvd UNIT 207Safety HarborFL34695
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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
Rental property for sale in Safety Harbor at 1003 S Bayshore Blvd UNIT 207, Safety Harbor, FL, 34695 generates $2,076/mo in rent and, after a $1,052/mo payment, leaves $650/mo in cash flow. Total monthly income is $2,076/mo, and annual cash flow is $7,794/yr on $71,273 invested. Return on cash invested sits at 30.85% in year one, and rental yield is 11.59% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 162.11% and total cumulative return in cash sums $115,537. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,076/mo property income rather than buyer’s personal income.
Condo
Built in 1974
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34695, Safety Harbor, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,553 (100%) |
| Owner Occupied HU | 6,746 (78.9%) |
| Renter Occupied HU | 1,244 (14.5%) |
| Vacant Housing Units | 563 ( 6.6%) |
| Median Home Value | $482,759 |
| Average Home Value | $517,301 |
Housing Distribution
Address Breakdown
Residential
8,198
Single Family
8,060
Multi-Family
138
Businesses
760
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Listed by: Gloria Mann • RENAISSANCE REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #TB8440662