104 29th St #3Holmes BeachFL34217
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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 Holmes Beach at 104 29th St #3, Holmes Beach, FL, 34217 listed at $850,000 pairs $6,848/mo rent with a $4,160/mo payment to leave $167/mo cash flow. Total monthly income runs $6,848/mo, and annual cash flow reaches $2,006/yr on $279,650 cash to close. Return on cash invested measures 20.78% in year one, and rental yield registers 9.67% at a $850,000 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 109.69% and total cumulative return in cash totals $306,742. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,848/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1971
N/A lot
$N/A/sqft
$818 monthly HOA
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Listed by: CHRISTINE KOURIK • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4648002
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