2690 Coral Landings Blvd APT 217Palm HarborFL34684
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 2690 Coral Landings Blvd APT 217, Palm Harbor, FL, 34684 in Palm Harbor worth modelling. At $185,000 with a 11.17% gross yield, the $1,722/mo rent leaves $175/mo after the $832/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 2.07 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $51,112 by year five; $1,704/yr in principal reduction adds further equity. Total projected return: $83,177.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.8% |
| Monthly Cash Flow | $175 | $250 |
City averages based on Palm Harbor market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,722 |
| Total Monthly Debt Service | $1,473 |
| DSCR Ratio | 1.17x |
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 1987
N/A lot
$N/A/sqft
$298 monthly 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 1987
N/A lot
$N/A/sqft
$298 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teresa Williams • PROSPERA REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8390657
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