1717 8th St WPalmettoFL34221
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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
Total monthly income runs $2,012/mo, and a $1,958/mo payment. Purchase price stands at $399,999, and rental yield measures 6.04% with $2,012/mo rent. Return on cash invested shows 11.9% in year one, and 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 61.26% and total cumulative return in cash records $81,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,012/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.29 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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Listed by: Taylor Taylor • THE KEYES COMPANY - SARASOTA
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4662917
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511