271 Lake Tarpon Dr #16Palm HarborFL34684
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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
Investment Highlights
Investment property for sale in Palm Harbor at 271 Lake Tarpon Dr #16, Palm Harbor, FL, 34684 uses $61,328 cash to close to unlock $2,781/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $1,563/mo, and a $905/mo payment keeps the spread at $232/mo. Purchase price stands at $185,000, and rental yield measures 10.14% with $1,563/mo rent. Return on cash invested shows 24.44% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 128.5% and total cumulative return in cash records $78,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,563/mo property income covering a $905/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
6,003 sqft lot
$N/A/sqft
$104 monthly HOA
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Listed by: Chris Russell • PLUM TREE REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8305780
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