176 Palm BlvdParrishFL34219
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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
Rental property for sale in Parrish at 176 Palm Blvd, Parrish, FL, 34219 priced at $113,999 converts $877/mo rent into $120/mo cash flow after a $558/mo obligation. Total monthly income equals $877/mo, and annual cash flow totals $1,445/yr on $37,791 invested. Return on cash invested prints 23.73% in year one, and rental yield reads 9.23% against a $113,999 entry. Equity gained on principal adds $736/yr, while 5% annual appreciation compiles into $31,496 by year five. Five-year ROI reaches 123.99% and total cumulative return in cash sums $46,855. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $877/mo property income covering a $558/mo payment, not borrower’s personal income.
Manufactured
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34219, Parrish, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,007 (100%) |
| Owner Occupied HU | 16,304 (85.8%) |
| Renter Occupied HU | 1,140 ( 6.0%) |
| Vacant Housing Units | 1,563 ( 8.2%) |
| Median Home Value | $486,744 |
| Average Home Value | $530,938 |
Housing Distribution
Address Breakdown
Residential
16,870
Single Family
15,895
Multi-Family
975
Businesses
418
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