7 Island Park Pl APT 204DunedinFL34698
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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 Dunedin at 7 Island Park Pl APT 204, Dunedin, FL, 34698 priced at $519,990 converts $3,472/mo rent into $21/mo cash flow after a $2,545/mo obligation. Total monthly income equals $3,472/mo, and annual cash flow totals $256/yr on $171,077 invested. Return on cash invested prints 20.21% in year one, and rental yield reads 8.01% against a $519,990 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation compiles into $143,664 by year five. Five-year ROI reaches 105.02% and total cumulative return in cash sums $179,672. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,472/mo property income covering a $2,545/mo payment, not borrower’s personal income.
Condo
Built in 1997
2.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34698, Dunedin, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,000 (100%) |
| Owner Occupied HU | 14,160 (61.6%) |
| Renter Occupied HU | 5,242 (22.8%) |
| Vacant Housing Units | 3,598 (15.6%) |
| Median Home Value | $435,918 |
| Average Home Value | $490,822 |
Housing Distribution
Address Breakdown
Residential
20,476
Single Family
16,000
Multi-Family
4,476
Businesses
990
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