1128 Lanyard StPalm HarborFL34685
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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 1128 Lanyard St, Palm Harbor, FL, 34685 offers a 8.67% rental yield on a $429,000 purchase with $3,100/mo rent. Total monthly income registers $3,100/mo, and a $2,100/mo payment leaves $253/mo available for distribution. Annual cash flow reaches $3,034/yr on $142,214 to close, and return on cash invested stands at 22.04% in year one. Equity gained on principal adds $2,768/yr while 5% annual appreciation supports $118,525 over five years. Portfolio math shows five-year ROI at 114.86% and total cumulative return in cash at $163,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,100/mo property income against a $2,100/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34685, Palm Harbor, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,863 (100%) |
| Owner Occupied HU | 5,509 (70.1%) |
| Renter Occupied HU | 1,932 (24.6%) |
| Vacant Housing Units | 422 ( 5.4%) |
| Median Home Value | $580,984 |
| Average Home Value | $635,364 |
Housing Distribution
Address Breakdown
Residential
7,732
Single Family
5,257
Multi-Family
2,475
Businesses
178
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Listed by: Kim Doukas • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8450723