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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Palmetto at 2512 3rd Ave E, Palmetto, FL, 34221 offers a 11.63% rental yield on a $209,000 purchase with $2,026/mo rent. Total monthly income registers $2,026/mo, and a $1,023/mo payment leaves $639/mo available for distribution. Annual cash flow reaches $7,668/yr on $69,284 to close, and return on cash invested stands at 30.98% in year one. Equity gained on principal adds $1,349/yr while 5% annual appreciation supports $57,743 over five years. Portfolio math shows five-year ROI at 162.76% and total cumulative return in cash at $112,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,026/mo property income against a $1,023/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
10,141 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 34221, Palmetto, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,543 (100%) |
| Owner Occupied HU | 18,069 (68.1%) |
| Renter Occupied HU | 4,159 (15.7%) |
| Vacant Housing Units | 4,315 (16.3%) |
| Median Home Value | $392,672 |
| Average Home Value | $458,181 |
Residential
24,642
Single Family
17,553
Multi-Family
7,089
Businesses
962
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ana Henriquez • KELLER WILLIAMS TAMPA PROP.
Mls Name: Stellar MLS
Mls ID: #TB8419494
