2504 Hibiscus Dr WBelleair BeachFL33786
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.57% gross rental yield, 2504 Hibiscus Dr W, Belleair Beach, FL, 33786 in Belleair Beach is priced for capital growth, not immediate cash flow. The $1,350,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $372,980 by year five, with $12,434/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.85) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $268,861.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 5.8% |
| Monthly Cash Flow | $(3,818) | $700 |
City averages based on Belleair Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,141 |
| Total Monthly Debt Service | $8,422 |
| DSCR Ratio | 0.61x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
8,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33786, Belleair Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,195 (100%) |
| Owner Occupied HU | 712 (59.6%) |
| Renter Occupied HU | 92 ( 7.7%) |
| Vacant Housing Units | 391 (32.7%) |
| Median Home Value | $979,938 |
| Average Home Value | $1,212,963 |
Housing Distribution
Address Breakdown
Residential
922
Single Family
813
Multi-Family
109
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1983
8,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33786, Belleair Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,195 (100%) |
| Owner Occupied HU | 712 (59.6%) |
| Renter Occupied HU | 92 ( 7.7%) |
| Vacant Housing Units | 391 (32.7%) |
| Median Home Value | $979,938 |
| Average Home Value | $1,212,963 |
Housing Distribution
Address Breakdown
Residential
922
Single Family
813
Multi-Family
109
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jen Grasso • HOME WISE REALTY GROUP, INC.
Mls Name: Stellar MLS
Mls ID: #O6325957