2364 Newburg Ln APT ASafety HarborFL34695
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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 Safety Harbor at 2364 Newburg Ln APT A, Safety Harbor, FL, 34695 uses $56,388 cash to close to unlock $2,839/yr annual cash flow and $237/mo monthly cash flow. Total monthly income runs $2,102/mo, and a $833/mo payment keeps the spread at $237/mo. Purchase price stands at $170,100, and rental yield measures 14.83% with $2,102/mo rent. Return on cash invested shows 24.94% in year one, and 5% annual appreciation builds toward $46,995 over five years. Five-year ROI reaches 136.16% and total cumulative return in cash records $76,781. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,102/mo property income covering a $833/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$647 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34695, Safety Harbor, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,553 (100%) |
| Owner Occupied HU | 6,746 (78.9%) |
| Renter Occupied HU | 1,244 (14.5%) |
| Vacant Housing Units | 563 ( 6.6%) |
| Median Home Value | $482,759 |
| Average Home Value | $517,301 |
Housing Distribution
Address Breakdown
Residential
8,198
Single Family
8,060
Multi-Family
138
Businesses
760
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Listed by: Marsha Paul • M3 REAL ESTATE PROFESSIONALS LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8422609
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