3587 Fairway Forest DrPalm HarborFL34685
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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 3587 Fairway Forest Dr, Palm Harbor, FL, 34685 offers a 6.74% rental yield on a $690,000 purchase with $3,876/mo rent. 35% in year one. Equity gained on principal adds $4,452/yr while 5% annual appreciation supports $190,634 over five years. Portfolio math shows five-year ROI at 84.3% and total cumulative return in cash at $191,372. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,876/mo property income against a $3,377/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
9,135 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34685, Palm Harbor, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,863 (100%) |
| Owner Occupied HU | 5,509 (70.1%) |
| Renter Occupied HU | 1,932 (24.6%) |
| Vacant Housing Units | 422 ( 5.4%) |
| Median Home Value | $580,984 |
| Average Home Value | $635,364 |
Housing Distribution
Address Breakdown
Residential
7,732
Single Family
5,257
Multi-Family
2,475
Businesses
178
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Listed by: Michael Honig • BHHS FLORIDA PROPERTIES GROUP
Mls Name: Stellar MLS
Mls ID: #W7876727