346 Cherry Laurel DrPalm HarborFL34683
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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
Investment Highlights
Investment property for sale in Palm Harbor at 346 Cherry Laurel Dr, Palm Harbor, FL, 34683 at $480,000 posts ROI 18.6% with from $3,012/mo rent. Total monthly income equals $3,012/mo. Return on cash invested measures 18.6% and rental yield reads 7.53% at the current $480,000. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 by year five. Five-year ROI prints 96.41% and total cumulative return in cash totals $153,413. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,012/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
7,558 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34683, Palm Harbor, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,757 (100%) |
| Owner Occupied HU | 11,743 (70.1%) |
| Renter Occupied HU | 3,060 (18.3%) |
| Vacant Housing Units | 1,954 (11.7%) |
| Median Home Value | $476,669 |
| Average Home Value | $538,671 |
Housing Distribution
Address Breakdown
Residential
14,234
Single Family
12,031
Multi-Family
2,203
Businesses
572
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Listed by: Chris Winckel • IMPACT REALTY TAMPA BAY
Mls Name: Stellar MLS
Mls ID: #TB8413699