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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Palmetto at 13221 Shellmore Ave, Palmetto, FL, 34221 offers a 8.9% rental yield on a $492,990 purchase with $3,658/mo rent. Total monthly income registers $3,658/mo, and a $2,413/mo payment leaves $337/mo available for distribution. Annual cash flow reaches $4,049/yr on $163,426 to close, and return on cash invested stands at 22.39% in year one. Equity gained on principal adds $3,181/yr while 5% annual appreciation supports $136,204 over five years. Portfolio math shows five-year ROI at 116.86% and total cumulative return in cash at $190,983. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,658/mo property income against a $2,413/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,000 sqft lot
$N/A/sqft
$49 monthly HOA
Neighborhood data shown for ZIP Code: 34221, Palmetto, FL area.
| 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 |
Residential
24,642
Single Family
17,553
Multi-Family
7,089
Businesses
962
Date | Event | Price |
|---|---|---|
| 2025-08-29 | Price change | $492,990 |
| 2025-08-24 | Price change | $492,930 |
| 2025-07-24 | Listed for sale | $492,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bryan Sumner • MERITAGE HOMES OF FL REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6328585
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
