2315 28th Ave EPalmettoFL34221
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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 Palmetto at 2315 28th Ave E, Palmetto, FL, 34221 earns from $1,705/mo rent with a $1,252/mo payment. Total monthly income totals $1,705/mo. ROI tracks 18.93% on current figures, and rental yield reads 8% at a $255,770 purchase. Equity gained on principal adds $1,650/yr, and 5% annual appreciation supports $70,665 over five years. Five-year ROI reaches 98.57% and total cumulative return in cash sums $83,577. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,705/mo property income instead of your personal income.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
$52 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34221, Palmetto, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,543 (100%) |
| Owner Occupied HU | 18,069 (68.1%) |
| Renter Occupied HU | 4,159 (15.7%) |
| Vacant Housing Units | 4,315 (16.3%) |
| Median Home Value | $392,672 |
| Average Home Value | $458,181 |
Housing Distribution
Address Breakdown
Residential
24,642
Single Family
17,553
Multi-Family
7,089
Businesses
962
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Levi Elkayam • Beach City Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11714531
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.