2504 Woodcote TerPalm HarborFL34685
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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
Rental property for sale in Palm Harbor at 2504 Woodcote Ter, Palm Harbor, FL, 34685 priced at $588,900 converts $3,456/mo rent into after a $2,882/mo obligation. Total monthly income equals $3,456/mo. Return on cash invested prints 17.05% in year one, and rental yield reads 7.04% against a $588,900 entry. Equity gained on principal adds $3,800/yr, while 5% annual appreciation compiles into $162,702 by year five. Five-year ROI reaches 88.17% and total cumulative return in cash sums $170,827. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,456/mo property income covering a $2,882/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.77 Acres lot
$N/A/sqft
$34 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34685, Palm Harbor, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,863 (100%) |
| Owner Occupied HU | 5,509 (70.1%) |
| Renter Occupied HU | 1,932 (24.6%) |
| Vacant Housing Units | 422 ( 5.4%) |
| Median Home Value | $580,984 |
| Average Home Value | $635,364 |
Housing Distribution
Address Breakdown
Residential
7,732
Single Family
5,257
Multi-Family
2,475
Businesses
178
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