3048 Orchard DrPalm 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
Rental property for sale in Palm Harbor at 3048 Orchard Dr, Palm Harbor, FL, 34684 priced at $529,000 converts $3,971/mo rent into $383/mo cash flow after a $2,589/mo obligation. Total monthly income equals $3,971/mo, and annual cash flow totals $4,600/yr on $174,041 invested. Return on cash invested prints 22.7% in year one, and rental yield reads 9.01% against a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation compiles into $146,153 by year five. Five-year ROI reaches 118.6% and total cumulative return in cash sums $206,405. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,971/mo property income covering a $2,589/mo payment, not borrower’s personal income.
Single Family
Built in 1989
6,490 sqft lot
$N/A/sqft
$50 monthly HOA
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Listed by: Carol Conologue • KELLER WILLIAMS REALTY- PALM H
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8339635
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