2511 Dolly Bay Dr APT 206Palm HarborFL34684
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2511 Dolly Bay Dr APT 206, Palm Harbor, FL, 34684 in Palm Harbor speaks for itself: 11.45% gross on a $269,709 price, generating $2,574/mo in rent and $784/mo in net income after the $1,213/mo debt service. DSCR 2.12, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,410 stacks alongside $74,516 in projected five-year appreciation and $2,484/yr in principal reduction. Projected total cumulative return: $153,281.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.8% |
| Monthly Cash Flow | $784 | $250 |
City averages based on Palm Harbor market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,574 |
| Total Monthly Debt Service | $1,683 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1984
14.28 Acres lot
$N/A/sqft
No HOA
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
Condo
Built in 1984
14.28 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Dietrich • REALTY ONE GROUP BEYOND
Mls Name: Stellar MLS
Mls ID: #TB8430574