161 Hickory Gate Dr,Palm Harbor,FL,34684

Investment Highlights

Rental property for sale in Palm Harbor at 161 Hickory Gate Dr, Palm Harbor, FL, 34684 generates $1,339/mo in rent and, after a $842/mo payment, leaves $197/mo in cash flow. Total monthly income is $1,339/mo, and annual cash flow is $2,369/yr on $57,018 invested. Return on cash invested sits at 24.06% in year one, and rental yield is 9.34% on a $172,000 entry. Equity gained on principal adds $1,110/yr, while 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 125.77% and total cumulative return in cash sums $71,713. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,339/mo property income rather than buyer’s personal income.