2599 Dolly Bay Dr APT 302, Palm Harbor, FL, 34684 | $21/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Palm Harbor at 2599 Dolly Bay Dr APT 302, Palm Harbor, FL, 34684 generates $1,912/mo in rent and, after a $1,395/mo payment, leaves $21/mo in cash flow. Total monthly income is $1,912/mo, and annual cash flow is $247/yr on $94,478 invested. Return on cash invested sits at 20.17% in year one, and rental yield is 8.05% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 104.84% and total cumulative return in cash sums $99,054. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,912/mo property income rather than buyer’s personal income.

Condo

Built in 1984

14.26 Acres lot

$N/A/sqft

No HOA