2605 2nd CtPalm HarborFL34684
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
Investment Highlights
Investment property for sale in Palm Harbor at 2605 2nd Ct, Palm Harbor, FL, 34684 offers a 11.6% rental yield on a $235,000 purchase with $2,272/mo rent. Total monthly income registers $2,272/mo, and a $1,150/mo payment leaves $402/mo available for distribution. Annual cash flow reaches $4,821/yr on $77,903 to close, and return on cash invested stands at 26.1% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 138.36% and total cumulative return in cash at $107,788. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,272/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1985
1,344 sqft lot
$N/A/sqft
$311 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caleb Homer • INSPIRED REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8432292
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511