805 Riviera Dunes WayPalmettoFL34221
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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 805 Riviera Dunes Way, Palmetto, FL, 34221 priced at $1,895,000 pairs $6,071/mo rent with after a $9,275/mo payment. Total monthly income equals $6,071/mo. Return on cash invested is 7.66% in year one, and rental yield stands at 3.84% on a $1,895,000 basis. Equity gained on principal adds $12,228/yr, and 5% annual appreciation accumulates to $523,554 by year five. Five-year ROI measures 37.64% and total cumulative return in cash reaches $231,113. For financing, Ziffy Mortgage’s DSCR program evaluates $6,071/mo property income against a $9,275/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.29 Acres lot
$N/A/sqft
No 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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