1701 Pinehurst Rd APT 19CDunedinFL34698
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 1701 Pinehurst Rd APT 19C, Dunedin, FL, 34698 in Dunedin is the 1.70 coverage ratio: rent of $1,421/mo versus a $834/mo debt payment on a $185,500 property. Rental yield 9.19%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $51,250 by year five, with $1,708/yr in equity from paydown. Total projected cumulative return: $42,733.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $(480) | $300 |
City averages based on Dunedin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,421 |
| Total Monthly Debt Service | $1,827 |
| DSCR Ratio | 0.78x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1976
N/A lot
$N/A/sqft
$670 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34698, Dunedin, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,000 (100%) |
| Owner Occupied HU | 14,160 (61.6%) |
| Renter Occupied HU | 5,242 (22.8%) |
| Vacant Housing Units | 3,598 (15.6%) |
| Median Home Value | $435,918 |
| Average Home Value | $490,822 |
Housing Distribution
Address Breakdown
Residential
20,476
Single Family
16,000
Multi-Family
4,476
Businesses
990
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1976
N/A lot
$N/A/sqft
$670 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34698, Dunedin, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,000 (100%) |
| Owner Occupied HU | 14,160 (61.6%) |
| Renter Occupied HU | 5,242 (22.8%) |
| Vacant Housing Units | 3,598 (15.6%) |
| Median Home Value | $435,918 |
| Average Home Value | $490,822 |
Housing Distribution
Address Breakdown
Residential
20,476
Single Family
16,000
Multi-Family
4,476
Businesses
990
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason Derrick • VENIE BRINSON REAL ESTATE INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8317294
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