11220 Fieldstone DrPalmettoFL34221
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Palmetto at 11220 Fieldstone Dr, Palmetto, FL, 34221 uses $137,573 cash to close to unlock $2,715/yr annual cash flow and $226/mo monthly cash flow. Total monthly income runs $2,980/mo, and a $2,031/mo payment keeps the spread at $226/mo. Purchase price stands at $415,000, and rental yield measures 8.62% with $2,980/mo rent. Return on cash invested shows 21.88% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 114.03% and total cumulative return in cash records $156,873. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,980/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 2023
6,547 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34221, Palmetto, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,543 (100%) |
| Owner Occupied HU | 18,069 (68.1%) |
| Renter Occupied HU | 4,159 (15.7%) |
| Vacant Housing Units | 4,315 (16.3%) |
| Median Home Value | $392,672 |
| Average Home Value | $458,181 |
Housing Distribution
Address Breakdown
Residential
24,642
Single Family
17,553
Multi-Family
7,089
Businesses
962
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices