1637 Caledonia Dr,Palm Harbor,FL,34684

Investment Highlights

Rental property for sale in Palm Harbor at 1637 Caledonia Dr, Palm Harbor, FL, 34684 generates $2,507/mo in rent and, after a $1,801/mo payment, leaves $65/mo in cash flow. Total monthly income is $2,507/mo, and annual cash flow is $781/yr on $121,992 invested. Return on cash invested sits at 20.55% in year one, and rental yield is 8.18% on a $368,000 entry. Equity gained on principal adds $2,375/yr, while 5% annual appreciation builds toward $101,672 over five years. Five-year ROI reaches 106.91% and total cumulative return in cash sums $130,417. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,507/mo property income rather than buyer’s personal income.