3113 State Road 580 #203Safety HarborFL34695
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
Investment Highlights
Investment property for sale in Safety Harbor at 3113 State Road 580 #203, Safety Harbor, FL, 34695 offers a 9.36% rental yield on a $115,000 purchase with $897/mo rent. Total monthly income registers $897/mo, and a $563/mo payment leaves $134/mo available for distribution. Annual cash flow reaches $1,605/yr on $38,123 to close, and return on cash invested stands at 24.12% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 126.03% and total cumulative return in cash at $48,045. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $897/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34695, Safety Harbor, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,553 (100%) |
| Owner Occupied HU | 6,746 (78.9%) |
| Renter Occupied HU | 1,244 (14.5%) |
| Vacant Housing Units | 563 ( 6.6%) |
| Median Home Value | $482,759 |
| Average Home Value | $517,301 |
Housing Distribution
Address Breakdown
Residential
8,198
Single Family
8,060
Multi-Family
138
Businesses
760
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Pfeiffer • Sun Realty of Florida
Mls Name: My State MLS
Mls ID: #11380331