2171 Portofino Pl #7-2723Palm HarborFL34683
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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 2171 Portofino Pl #7-2723, Palm Harbor, FL, 34683 earns $505/mo cash flow from $1,831/mo rent with a $978/mo payment. Total monthly income totals $1,831/mo, and annual cash flow totals $6,058/yr on $66,267 capital. ROI tracks 29.05% on current figures, and rental yield reads 10.99% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 152.44% and total cumulative return in cash sums $101,017. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,831/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34683, Palm Harbor, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,757 (100%) |
| Owner Occupied HU | 11,743 (70.1%) |
| Renter Occupied HU | 3,060 (18.3%) |
| Vacant Housing Units | 1,954 (11.7%) |
| Median Home Value | $476,669 |
| Average Home Value | $538,671 |
Housing Distribution
Address Breakdown
Residential
14,234
Single Family
12,031
Multi-Family
2,203
Businesses
572
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Listed by: Maria Azuaje • PREMIER SOTHEBYS INTL REALTY
Mls Name: Stellar MLS
Mls ID: #TB8455760