3100 Gulf Blvd APT 132Belleair BeachFL33786
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 3100 Gulf Blvd APT 132, Belleair Beach, FL, 33786 in Belleair Beach at $709,000. Rental yield 7.5%. The 7.5% yield and 1.39 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $195,884 by year five, and $6,530/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $218,021.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 5.8% |
| Monthly Cash Flow | $(851) | $700 |
City averages based on Belleair Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,430 |
| Total Monthly Debt Service | $4,999 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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
5,188 sqft lot
$N/A/sqft
$576 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
5,188 sqft lot
$N/A/sqft
$576 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