847 Hillside DrPalm 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 847 Hillside Dr, Palm Harbor, FL, 34683 listed at $749,000 pairs $5,573/mo rent with a $3,666/mo payment to leave $602/mo cash flow. Total monthly income runs $5,573/mo, and annual cash flow reaches $7,230/yr on $246,421 cash to close. Return on cash invested measures 22.99% in year one, and rental yield registers 8.93% at a $749,000 basis. Equity gained on principal adds $4,833/yr, and annual property appreciation at 5% supports $206,935 by year five. Five-year ROI tracks 119.95% and total cumulative return in cash totals $295,576. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,573/mo property income relative to a $3,666/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
0.34 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: John Waugh • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8472928