1801 E Lake Rd APT 9EPalm HarborFL34685
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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 Palm Harbor at 1801 E Lake Rd APT 9E, Palm Harbor, FL, 34685 listed at $232,900 pairs $1,593/mo rent with a $1,140/mo payment. Total monthly income runs $1,593/mo. Return on cash invested measures 9.85% in year one, and rental yield registers 8.21% at a $232,900 basis. Equity gained on principal adds $1,503/yr, and annual property appreciation at 5% supports $64,346 by year five. Five-year ROI tracks 53.4% and total cumulative return in cash totals $41,225. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,593/mo property income relative to a $1,140/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
$556 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34685, Palm Harbor, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,863 (100%) |
| Owner Occupied HU | 5,509 (70.1%) |
| Renter Occupied HU | 1,932 (24.6%) |
| Vacant Housing Units | 422 ( 5.4%) |
| Median Home Value | $580,984 |
| Average Home Value | $635,364 |
Housing Distribution
Address Breakdown
Residential
7,732
Single Family
5,257
Multi-Family
2,475
Businesses
178
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Listed by: Brittany Turner • MIHARA & ASSOCIATES INC.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8328820
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