3712 3rd Ave WPalmettoFL34221
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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 Palmetto at 3712 3rd Ave W, Palmetto, FL, 34221 earns $611/mo cash flow from $2,543/mo rent with a $1,248/mo payment. Total monthly income totals $2,543/mo, and annual cash flow totals $7,331/yr on $84,532 capital. ROI tracks 28.58% on current figures, and rental yield reads 11.97% at a $254,999 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 151.15% and total cumulative return in cash sums $127,771. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,543/mo property income instead of your personal income.
Townhouse
Built in 2006
3,049 sqft lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34221, Palmetto, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,543 (100%) |
| Owner Occupied HU | 18,069 (68.1%) |
| Renter Occupied HU | 4,159 (15.7%) |
| Vacant Housing Units | 4,315 (16.3%) |
| Median Home Value | $392,672 |
| Average Home Value | $458,181 |
Housing Distribution
Address Breakdown
Residential
24,642
Single Family
17,553
Multi-Family
7,089
Businesses
962
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Listed by: Nancy Maguire, PA • ROSEBAY INTERNATIONAL REALTY, INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4616289
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