1103 Old Mill Pond RdPalm HarborFL34683
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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 Palm Harbor at 1103 Old Mill Pond Rd, Palm Harbor, FL, 34683 earns $962/mo cash flow from $2,952/mo rent with a $1,468/mo payment. Total monthly income totals $2,952/mo, and annual cash flow totals $11,538/yr on $99,450 capital. ROI tracks 31.51% on current figures, and rental yield reads 11.81% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 165.65% and total cumulative return in cash sums $164,736. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,952/mo property income instead of your personal income.
Single Family
Built in 1978
2,574 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34683, Palm Harbor, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,757 (100%) |
| Owner Occupied HU | 11,743 (70.1%) |
| Renter Occupied HU | 3,060 (18.3%) |
| Vacant Housing Units | 1,954 (11.7%) |
| Median Home Value | $476,669 |
| Average Home Value | $538,671 |
Housing Distribution
Address Breakdown
Residential
14,234
Single Family
12,031
Multi-Family
2,203
Businesses
572
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Listed by: Tina Shank • WIKLE INCORPORATED
Mls Name: Stellar MLS
Mls ID: #TB8383394