3020 Bonaventure Cir APT 204,Palm Harbor,FL,34684

Investment Highlights

Investment property for sale in Palm Harbor at 3020 Bonaventure Cir APT 204, Palm Harbor, FL, 34684 offers a 10.81% rental yield on a $229,000 purchase with $2,062/mo rent. Total monthly income registers $2,062/mo, and a $1,121/mo payment leaves $542/mo available for distribution. Annual cash flow reaches $6,506/yr on $75,914 to close, and return on cash invested stands at 28.48% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 149.43% and total cumulative return in cash at $113,441. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,062/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.