3994 Belmoor 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
Rental property for sale in Palm Harbor at 3994 Belmoor Dr, Palm Harbor, FL, 34685 priced at $924,900 converts $5,884/mo rent into after a $4,527/mo obligation. Total monthly income equals $5,884/mo. Return on cash invested prints 18.27% in year one, and rental yield reads 7.63% against a $924,900 entry. Equity gained on principal adds $5,968/yr, while 5% annual appreciation compiles into $255,533 by year five. Five-year ROI reaches 94.93% and total cumulative return in cash sums $288,857. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,884/mo property income covering a $4,527/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.50 Acres lot
$N/A/sqft
$135 monthly 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: Sylvia Haddad • REDFIN CORPORATION
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8364398
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