3601 E Bay Dr UNIT 106Holmes BeachFL34217
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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 Holmes Beach at 3601 E Bay Dr UNIT 106, Holmes Beach, FL, 34217 generates $4,800/mo in rent and, after a $2,643/mo payment, leaves $1,217/mo in cash flow. Total monthly income is $4,800/mo, and annual cash flow is $14,600/yr on $177,627 invested. Return on cash invested sits at 28.28% in year one, and rental yield is 10.67% on a $539,900 entry. Equity gained on principal adds $3,484/yr, while 5% annual appreciation builds toward $149,164 over five years. Five-year ROI reaches 148.29% and total cumulative return in cash sums $263,407. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,800/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
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Listed by: Darcie Duncan • DUNCAN REAL ESTATE, INC.
Mls Name: Stellar MLS
Mls ID: #A4677347