828 Lakeside TerPalm 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
Rental property for sale in Palm Harbor at 828 Lakeside Ter, Palm Harbor, FL, 34683 offers $4,525/mo rent that, after a $2,789/mo payment, leaves $743/mo cash flow. Total monthly income is $4,525/mo, and annual cash flow is $8,921/yr on $187,497 cash. Return on cash invested measures 24.82% in year one, and rental yield stands at 9.53% at a $569,900 entry. Equity gained on principal adds $3,677/yr while 5% annual appreciation compounds into $157,453 by year five. Five-year ROI records 129.73% and total cumulative return in cash reaches $243,246. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,525/mo property income versus a $2,789/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.27 Acres 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: Sandy Papadakis • KELLER WILLIAMS REALTY- PALM H
Mls Name: Stellar MLS
Mls ID: #TB8412903