58 Cottagewood Dr #22Safety HarborFL34695
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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 Safety Harbor at 58 Cottagewood Dr #22, Safety Harbor, FL, 34695 offers a 9.19% rental yield on a $154,900 purchase with $1,186/mo rent. Total monthly income registers $1,186/mo, and a $758/mo payment leaves $158/mo available for distribution. Annual cash flow reaches $1,899/yr on $51,349 to close, and return on cash invested stands at 23.61% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,796 over five years. Portfolio math shows five-year ROI at 123.34% and total cumulative return in cash at $63,332. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,186/mo property income against a $758/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1984
5,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34695, Safety Harbor, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,553 (100%) |
| Owner Occupied HU | 6,746 (78.9%) |
| Renter Occupied HU | 1,244 (14.5%) |
| Vacant Housing Units | 563 ( 6.6%) |
| Median Home Value | $482,759 |
| Average Home Value | $517,301 |
Housing Distribution
Address Breakdown
Residential
8,198
Single Family
8,060
Multi-Family
138
Businesses
760
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Listed by: Spiro Giannas • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8441769