3113 State Road 580 Lot 144Safety 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 Lot 144, Safety Harbor, FL, 34695 uses $59,637 cash to close to unlock $2,996/yr annual cash flow and $250/mo monthly cash flow. Total monthly income runs $1,444/mo, and a $881/mo payment keeps the spread at $250/mo. Purchase price stands at $179,900, and rental yield measures 9.63% with $1,444/mo rent. Return on cash invested shows 24.93% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 130.4% and total cumulative return in cash records $77,769. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,444/mo property income covering a $881/mo payment rather than investor’s personal income.
Manufactured
Built in 2006
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: Karen Barker • Amber Glades
Mls Name: My State MLS
Mls ID: #11639343