140 Riviera Dunes Way APT 1203PalmettoFL34221
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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 Palmetto at 140 Riviera Dunes Way APT 1203, Palmetto, FL, 34221 earns from $5,945/mo rent with a $5,815/mo payment. Total monthly income totals $5,945/mo. ROI tracks 14.32% on current figures, and rental yield reads 6.01% at a $1,188,000 purchase. Equity gained on principal adds $7,666/yr, and 5% annual appreciation supports $328,223 over five years. Five-year ROI reaches 73.39% and total cumulative return in cash sums $282,492. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,945/mo property income instead of your personal income.
Condo
Built in 2007
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34221, Palmetto, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
24,642
Single Family
17,553
Multi-Family
7,089
Businesses
962
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