347 Canal WayOldsmarFL34677
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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
Rental property for sale in Oldsmar at 347 Canal Way, Oldsmar, FL, 34677 priced at $225,000 pairs $1,575/mo rent with $82/mo cash flow after a $1,101/mo payment. Total monthly income equals $1,575/mo, and annual cash flow comes to $985/yr on $74,588 invested. Return on cash invested is 21.23% in year one, and rental yield stands at 8.4% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 110.56% and total cumulative return in cash reaches $82,461. For financing, Ziffy Mortgage’s DSCR program evaluates $1,575/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1980
4,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34677, Oldsmar, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,184 (100%) |
| Owner Occupied HU | 7,418 (72.8%) |
| Renter Occupied HU | 2,134 (21.0%) |
| Vacant Housing Units | 632 ( 6.2%) |
| Median Home Value | $466,455 |
| Average Home Value | $546,420 |
Housing Distribution
Address Breakdown
Residential
10,028
Single Family
8,840
Multi-Family
1,188
Businesses
1,302
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