2690 Coral Landings Blvd APT 535Palm 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 535, Palm Harbor, FL, 34684 in Palm Harbor worth modelling. At $238,900 with a 11.55% gross yield, the $2,300/mo rent leaves $126/mo after the $1,074/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 2.14 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $66,004 by year five; $2,200/yr in principal reduction adds further equity. Total projected return: $137,057.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.8% |
| Monthly Cash Flow | $126 | $250 |
City averages based on Palm Harbor market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,300 |
| Total Monthly Debt Service | $1,490 |
| DSCR Ratio | 1.54x |
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
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 1987
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Magda Perez • INTEGRITY REAL PROPERTIES,IN
Mls Name: Stellar MLS
Mls ID: #TB8317822