2900 Gulf Blvd APT 207Belleair BeachFL33786
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2900 Gulf Blvd APT 207, Belleair Beach, FL, 33786 in Belleair Beach speaks for itself: 15.04% gross on a $595,000 price, generating $7,459/mo in rent and $2,387/mo in net income after the $2,675/mo debt service. DSCR 2.79, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $28,639 stacks alongside $164,388 in projected five-year appreciation and $5,480/yr in principal reduction. Projected total cumulative return: $385,258.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15% | 5.8% |
| Monthly Cash Flow | $2,387 | $700 |
City averages based on Belleair Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,459 |
| Total Monthly Debt Service | $4,836 |
| 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 1973
3,062 sqft lot
$N/A/sqft
$900 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33786, Belleair Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,195 (100%) |
| Owner Occupied HU | 712 (59.6%) |
| Renter Occupied HU | 92 ( 7.7%) |
| Vacant Housing Units | 391 (32.7%) |
| Median Home Value | $979,938 |
| Average Home Value | $1,212,963 |
Housing Distribution
Address Breakdown
Residential
922
Single Family
813
Multi-Family
109
Businesses
8
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 1973
3,062 sqft lot
$N/A/sqft
$900 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33786, Belleair Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,195 (100%) |
| Owner Occupied HU | 712 (59.6%) |
| Renter Occupied HU | 92 ( 7.7%) |
| Vacant Housing Units | 391 (32.7%) |
| Median Home Value | $979,938 |
| Average Home Value | $1,212,963 |
Housing Distribution
Address Breakdown
Residential
922
Single Family
813
Multi-Family
109
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices