6710 36th Ave E LOT 380PalmettoFL34221
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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 Palmetto at 6710 36th Ave E LOT 380, Palmetto, FL, 34221 generates $2,182/mo in rent and, after a $881/mo payment, leaves $788/mo in cash flow. Total monthly income is $2,182/mo, and annual cash flow is $9,450/yr on $59,670 invested. Return on cash invested sits at 35.75% in year one, and rental yield is 14.55% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 189.83% and total cumulative return in cash sums $113,273. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,182/mo property income rather than buyer’s personal income.
Manufactured
Built in 1988
4,008 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34221, Palmetto, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,543 (100%) |
| Owner Occupied HU | 18,069 (68.1%) |
| Renter Occupied HU | 4,159 (15.7%) |
| Vacant Housing Units | 4,315 (16.3%) |
| Median Home Value | $392,672 |
| Average Home Value | $458,181 |
Housing Distribution
Address Breakdown
Residential
24,642
Single Family
17,553
Multi-Family
7,089
Businesses
962
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Listed by: Eric Sater • EXIT KING REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4601095
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