424 62nd StHolmes 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 424 62nd St, Holmes Beach, FL, 34217 generates $4,307/mo in rent, after a $3,670/mo payment. Total monthly income is $4,307/mo. Return on cash invested sits at 14.97% in year one, and rental yield is 6.89% on a $749,900 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation builds toward $207,184 over five years. Five-year ROI reaches 77.56% and total cumulative return in cash sums $191,350. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,307/mo property income rather than buyer’s personal income.
Multi Family
Built in 1974
3,550 sqft lot
$N/A/sqft
$100 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Jessica Uglik, PLLC • KW SUNCOAST
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4645810
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