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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 2638 58th Cir E, Palmetto, FL, 34221 uses $133,626 cash to close to unlock $3,335/yr annual cash flow and $278/mo monthly cash flow. Total monthly income runs $2,953/mo, and a $1,973/mo payment keeps the spread at $278/mo. Purchase price stands at $403,095, and rental yield measures 8.79% with $2,953/mo rent. Return on cash invested shows 22.4% in year one, and 5% annual appreciation builds toward $111,368 over five years. Five-year ROI reaches 116.8% and total cumulative return in cash records $156,076. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,953/mo property income covering a $1,973/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A 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 |
|---|---|---|
| 2025-01-08 | Listed for sale | $403,095 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $636.02 | 155.41% | $45,900 | 175.61% |
| 2023-02-14 | $249.02 | N/A | $16,654 | N/A |
Listed by: N/A • Highland Homes
Mls Name: Highland Homes FL
Mls Provider:
Mls ID: #N/A
