581 Oceanview AvePalm HarborFL34683
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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 Palm Harbor at 581 Oceanview Ave, Palm Harbor, FL, 34683 offers a 10.04% rental yield on a $316,400 purchase with $2,648/mo rent. Total monthly income registers $2,648/mo, and a $1,549/mo payment leaves $471/mo available for distribution. Annual cash flow reaches $5,648/yr on $104,887 to close, and return on cash invested stands at 25.29% in year one. Equity gained on principal adds $2,042/yr while 5% annual appreciation supports $87,415 over five years. Portfolio math shows five-year ROI at 132.65% and total cumulative return in cash at $139,129. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,648/mo property income against a $1,549/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1987
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34683, Palm Harbor, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,757 (100%) |
| Owner Occupied HU | 11,743 (70.1%) |
| Renter Occupied HU | 3,060 (18.3%) |
| Vacant Housing Units | 1,954 (11.7%) |
| Median Home Value | $476,669 |
| Average Home Value | $538,671 |
Housing Distribution
Address Breakdown
Residential
14,234
Single Family
12,031
Multi-Family
2,203
Businesses
572
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A