2178 Elm St APT 1007DunedinFL34698
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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 Dunedin at 2178 Elm St APT 1007, Dunedin, FL, 34698 uses $84,533 cash to close to unlock $8,518/yr annual cash flow and $710/mo monthly cash flow. Total monthly income runs $2,402/mo, and a $1,248/mo payment keeps the spread at $710/mo. Purchase price stands at $255,000, and rental yield measures 11.3% with $2,402/mo rent. Return on cash invested shows 29.99% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 157.45% and total cumulative return in cash records $133,100. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,402/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Condo
Built in 1990
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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