1605 Whitebridge Dr APT B,Palm Harbor,FL,34684

Investment Highlights

Investment property for sale in Palm Harbor at 1605 Whitebridge Dr APT B, Palm Harbor, FL, 34684 offers a 8.33% rental yield on a $200,000 purchase with $1,388/mo rent. Total monthly income registers $1,388/mo, and a $979/mo payment leaves $61/mo available for distribution. Annual cash flow reaches $728/yr on $66,300 to close, and return on cash invested stands at 21.01% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 109.35% and total cumulative return in cash at $72,500. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,388/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.