1210 Palmer LnPalm HarborFL34685
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 Palm Harbor at 1210 Palmer Ln, Palm Harbor, FL, 34685 uses $64,643 cash to close to unlock $8,560/yr annual cash flow and $713/mo monthly cash flow. Total monthly income runs $2,207/mo, and a $954/mo payment keeps the spread at $713/mo. Purchase price stands at $195,000, and rental yield measures 13.58% with $2,207/mo rent. Return on cash invested shows 33.15% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 175.83% and total cumulative return in cash records $113,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,207/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in 1976
3,193 sqft lot
$N/A/sqft
$200 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Catherine Kelly • BHHS FLORIDA PROPERTIES GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8413609
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