4200 Gulf Dr APT 205Holmes 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 4200 Gulf Dr APT 205, Holmes Beach, FL, 34217 generates $3,121/mo in rent, after a $5,873/mo payment. Total monthly income is $3,121/mo. Return on cash invested sits at 5.43% in year one, and rental yield is 3.12% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 25.67% and total cumulative return in cash sums $99,791. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,121/mo property income rather than buyer’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
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Listed by: Rochelle Bowers • MIKE NORMAN REALTY INC.
Mls Name: Stellar MLS
Mls ID: #A4677335