2368 Flanders Way APT BSafety 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 2368 Flanders Way APT B, Safety Harbor, FL, 34695 uses $81,847 cash to close to unlock $2,088/yr annual cash flow and $174/mo monthly cash flow. Total monthly income runs $2,412/mo, and a $1,208/mo payment keeps the spread at $174/mo. Purchase price stands at $246,900, and rental yield measures 11.72% with $2,412/mo rent. Return on cash invested shows 22.46% in year one, and 5% annual appreciation builds toward $68,214 over five years. Five-year ROI reaches 120.28% and total cumulative return in cash records $98,445. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,412/mo property income covering a $1,208/mo payment rather than investor’s personal income.
Condo
Built in 1984
3.48 Acres lot
$N/A/sqft
$600 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: Ashley Gajdosz • KELLER WILLIAMS TAMPA PROP.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3518524
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