3601 E Bay Dr UNIT 203Holmes 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
Investment property for sale in Holmes Beach at 3601 E Bay Dr UNIT 203, Holmes Beach, FL, 34217 earns $362/mo cash flow from $4,800/mo rent with a $2,447/mo payment. Total monthly income totals $4,800/mo, and annual cash flow totals $4,344/yr on $165,717 capital. ROI tracks 22.53% on current figures, and rental yield reads 11.52% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 120.42% and total cumulative return in cash sums $199,548. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,800/mo property income instead of your personal income.
Condo
Built in 1986
0.35 Acres lot
$N/A/sqft
$825 monthly HOA
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Listed by: Christy Paul • KELLER WILLIAMS ON THE WATER S
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4630444
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511