3557 Oak Lake DrPalm HarborFL34684
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3557 Oak Lake Dr, Palm Harbor, FL, 34684 in Palm Harbor carries a 1.54 coverage ratio, rent of $3,556/mo is 1.54 times the $2,316/mo payment. Rental yield 8.28%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $515,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $142,285; total projected cumulative return: $205,221.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.8% |
| Monthly Cash Flow | $(26) | $250 |
City averages based on Palm Harbor market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,556 |
| Total Monthly Debt Service | $3,213 |
| DSCR Ratio | 1.11x |
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.
Single Family
Built in 1987
7,187 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 1987
7,187 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diane Thompson • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8470547