2119 Elm St APT 103DunedinFL34698
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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 Dunedin at 2119 Elm St APT 103, Dunedin, FL, 34698 generates $1,490/mo in rent and, after a $1,047/mo payment, leaves $70/mo in cash flow. Total monthly income is $1,490/mo, and annual cash flow is $846/yr on $70,908 invested. Return on cash invested sits at 21.1% in year one, and rental yield is 8.36% on a $213,900 entry. Equity gained on principal adds $1,380/yr, while 5% annual appreciation builds toward $59,097 over five years. Five-year ROI reaches 109.86% and total cumulative return in cash sums $77,896. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,490/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34698, Dunedin, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,000 (100%) |
| Owner Occupied HU | 14,160 (61.6%) |
| Renter Occupied HU | 5,242 (22.8%) |
| Vacant Housing Units | 3,598 (15.6%) |
| Median Home Value | $435,918 |
| Average Home Value | $490,822 |
Housing Distribution
Address Breakdown
Residential
20,476
Single Family
16,000
Multi-Family
4,476
Businesses
990
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