210 Palm AveAnna MariaFL34216
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 210 Palm Ave, Anna Maria, FL, 34216 in Anna Maria. Rental yield 3.41%. At $900,000 with 3.41% gross yield, current distributions are modest, but the 5% appreciation rate projects $248,653 in new equity by year five, complemented by $8,289/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.63) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $123,433.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.4% | 7.0% |
| Monthly Cash Flow | $(3,413) | $1,500 |
City averages based on Anna Maria market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,560 |
| Total Monthly Debt Service | $5,614 |
| DSCR Ratio | 0.46x |
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.
Single Family
Built in 1976
5,719 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34216, Anna Maria, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,450 (100%) |
| Owner Occupied HU | 444 (30.6%) |
| Renter Occupied HU | 54 ( 3.7%) |
| Vacant Housing Units | 952 (65.7%) |
| Median Home Value | $1,061,644 |
| Average Home Value | $1,325,113 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
99
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
Single Family
Built in 1976
5,719 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34216, Anna Maria, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,450 (100%) |
| Owner Occupied HU | 444 (30.6%) |
| Renter Occupied HU | 54 ( 3.7%) |
| Vacant Housing Units | 952 (65.7%) |
| Median Home Value | $1,061,644 |
| Average Home Value | $1,325,113 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CHRISTINE KOURIK • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls ID: #A4665380