2599 Dolly Bay Dr APT 302Palm HarborFL34684
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 2599 Dolly Bay Dr APT 302, Palm Harbor, FL, 34684 in Palm Harbor at $275,000 earns $2,617/mo in rent and nets $134/mo after the $1,237/mo payment, a 11.42% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $75,977 over five years. Ziffy Mortgage underwrites this on a 2.12 DSCR without U.S. credit history. With $2,533/yr in principal paydown, total projected return reaches $155,811.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.8% |
| Monthly Cash Flow | $134 | $250 |
City averages based on Palm Harbor market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,617 |
| Total Monthly Debt Service | $1,716 |
| 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
14.26 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
14.26 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Stellar MLS
Mls ID: #TB8463503