2270 Spruce Ln APT BPalm HarborFL34684
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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 2270 Spruce Ln APT B, Palm Harbor, FL, 34684 listed at $212,000 pairs $2,502/mo rent with a $1,038/mo payment to leave $208/mo cash flow. Total monthly income runs $2,502/mo, and annual cash flow reaches $2,493/yr on $70,278 cash to close. Return on cash invested measures 23.46% in year one, and rental yield registers 14.16% at a $212,000 basis. Equity gained on principal adds $1,368/yr, and annual property appreciation at 5% supports $58,572 by year five. Five-year ROI tracks 127.95% and total cumulative return in cash totals $89,923. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,502/mo property income relative to a $1,038/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
N/A lot
$N/A/sqft
$863 monthly HOA
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Listed by: Thomas Morillo LLC • REALTY ONE GROUP SUNSHINE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8398395
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