3400 Gulf Blvd APT 105Belleair BeachFL33786
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors approaching the U.S. market with capital-preservation in mind will find 3400 Gulf Blvd APT 105, Belleair Beach, FL, 33786 in Belleair Beach aligned with their strategy. Rental yield 7.96%. DSCR 1.47 and 7.96% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $7,819/yr in paydown build toward a projected cumulative return of $323,321.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.8% |
| Monthly Cash Flow | $(1,308) | $700 |
City averages based on Belleair Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,630 |
| Total Monthly Debt Service | $5,296 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1975
0.37 Acres lot
$N/A/sqft
No 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 1975
0.37 Acres lot
$N/A/sqft
No 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
Listed by: Dana Klima • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #TB8434954