1717 Lake Cypress Dr #2103Safety HarborFL34695
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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
Investment property for sale in Safety Harbor at 1717 Lake Cypress Dr #2103, Safety Harbor, FL, 34695 listed at $399,750 pairs $5,278/mo rent with a $1,957/mo payment to leave $2,070/mo cash flow. Total monthly income runs $5,278/mo, and annual cash flow reaches $24,837/yr on $132,517 cash to close. Return on cash invested measures 38.65% in year one, and rental yield registers 15.84% at a $399,750 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,444 by year five. Five-year ROI tracks 205.76% and total cumulative return in cash totals $272,673. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,278/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
0.43 Acres lot
$N/A/sqft
$555 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34695, Safety Harbor, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,553 (100%) |
| Owner Occupied HU | 6,746 (78.9%) |
| Renter Occupied HU | 1,244 (14.5%) |
| Vacant Housing Units | 563 ( 6.6%) |
| Median Home Value | $482,759 |
| Average Home Value | $517,301 |
Housing Distribution
Address Breakdown
Residential
8,198
Single Family
8,060
Multi-Family
138
Businesses
760
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Listed by: Keith Schwabinger • KELLER WILLIAMS GULF BEACHES
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8241884
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