13 Meridian DrSafety HarborFL34695
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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
Rental property for sale in Safety Harbor at 13 Meridian Dr, Safety Harbor, FL, 34695 priced at $579,900 pairs $5,060/mo rent with $952/mo cash flow after a $2,838/mo payment. Total monthly income equals $5,060/mo, and annual cash flow comes to $11,424/yr on $190,787 invested. Return on cash invested is 26.05% in year one, and rental yield stands at 10.47% on a $579,900 basis. Equity gained on principal adds $3,742/yr, and 5% annual appreciation accumulates to $160,216 by year five. Five-year ROI measures 136.93% and total cumulative return in cash reaches $261,241. For financing, Ziffy Mortgage’s DSCR program evaluates $5,060/mo property income against a $2,838/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2013
2,548 sqft lot
$N/A/sqft
$260 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34695, Safety Harbor, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,553 (100%) |
| Owner Occupied HU | 6,746 (78.9%) |
| Renter Occupied HU | 1,244 (14.5%) |
| Vacant Housing Units | 563 ( 6.6%) |
| Median Home Value | $482,759 |
| Average Home Value | $517,301 |
Housing Distribution
Address Breakdown
Residential
8,198
Single Family
8,060
Multi-Family
138
Businesses
760
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Listed by: Lee Kearney • SPIN REAL ESTATE LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3524493
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