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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 13318 Shellmore Ave, Palmetto, FL, 34221 uses $146,719 cash to close to unlock $8,654/yr annual cash flow and $721/mo monthly cash flow. Total monthly income runs $3,658/mo, and a $2,166/mo payment keeps the spread at $721/mo. Purchase price stands at $442,590, and rental yield measures 9.92% with $3,658/mo rent. Return on cash invested shows 25.81% in year one, and 5% annual appreciation builds toward $122,279 over five years. Five-year ROI reaches 135.09% and total cumulative return in cash records $198,199. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,658/mo property income covering a $2,166/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-10-24 | Listing removed | $465,590 |
| 2025-10-22 | Listed for sale | $465,590 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Meritage Homes
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A
