3828 6th 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 3828 6th Ave W, Palmetto, FL, 34221 earns $403/mo cash flow from $2,792/mo rent with a $1,762/mo payment. Total monthly income totals $2,792/mo, and annual cash flow totals $4,836/yr on $119,337 capital. ROI tracks 23.96% on current figures, and rental yield reads 9.31% at a $359,990 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,459 over five years. Five-year ROI reaches 125.21% and total cumulative return in cash sums $149,418. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,792/mo property income instead of your personal income.
Single Family
Built in 1998
0.28 Acres lot
$N/A/sqft
No 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: Chris Gunn • RISE REAL ESTATE PARTNER GROUP, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4653884
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