3127 58th Way E, Palmetto, FL, 34221 | $259/mo Cash Flow

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3127 58th Way E, Palmetto, FL, 34221 | $259/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Palmetto at 3127 58th Way E, Palmetto, FL, 34221 uses $116,025 cash to close to unlock $3,113/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $2,582/mo, and a $1,713/mo payment keeps the spread at $259/mo. Purchase price stands at $350,000, and rental yield measures 8.85% with $2,582/mo rent. Return on cash invested shows 22.59% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 117.83% and total cumulative return in cash records $136,718. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,582/mo property income covering a $1,713/mo payment rather than investor’s personal income.

Single Family

Built in 2021

7,562 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully maintained 3-bedroom, 2-bathroom home in the desirable Jackson Crossing community. Built in 2021, this home feels practically new and offers the perfect blend of modern comfort and cozy charm. Inside, youll find neutral colors and large windows that fill the home with natural light, creating an inviting atmosphere throughout. The open-concept layout flows easily from the bright living area to the stylish kitchen, which features stainless steel appliances and plenty of counter spaceperfect for everyday living or entertaining. The vinyl plank flooring adds warmth and durability, complementing the homes modern appeal. Step outside and enjoy your morning coffee or evening beverage on the covered front porch, or take advantage of the fenced yard on two sides for added privacy. A two-car garage provides convenience and extra storage space. Whether youre a first-time homebuyer looking for a move-in-ready property or an investor seeking a great rental opportunity, this home checks all the boxes. Priced to sell quicklyschedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 34221, Palmetto, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	26,543 (100%)
Owner Occupied HU	18,069 (68.1%)
Renter Occupied HU	4,159 (15.7%)
Vacant Housing Units	4,315 (16.3%)
Median Home Value	$392,672
Average Home Value	$458,181