8617 Backshore Ln, Parrish, FL, 34219 | 7.89% Rental Yield

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8617 Backshore Ln, Parrish, FL, 34219 | 7.89% Rental Yield | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Parrish at 8617 Backshore Ln, Parrish, FL, 34219 earns from $2,616/mo rent with a $1,947/mo payment. Total monthly income totals $2,616/mo. ROI tracks 19.69% on current figures, and rental yield reads 7.89% at a $397,825 purchase. Equity gained on principal adds $2,567/yr, and 5% annual appreciation supports $109,912 over five years. Five-year ROI reaches 102.29% and total cumulative return in cash sums $134,897. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,616/mo property income instead of your personal income.

Single Family

Built in 2022

5,340 sqft lot

$N/A/sqft

No HOA

More details about the property

This CONTOUR floorplan home was built to be the sellers' forever home, but when a larger floorplan became available in the community they adore, they took the leap and made the move! The 4ft garage extension, with top-notch epoxy flooring and a hanging storage shelf, offers ample storage space. Inside, the beautiful finishes are sure to impress. The double-door den with a Murphy bed serves as a private third bedroom for visiting family but seller will relocate or remove per request. The guest bedroom has a big closet with three clothes rods and a built-in to make the most use of the space. The guest bathroom features a walk-in shower (no tub). You will appreciate the luxurious wide plank vinyl flooring that is both soft underfoot and easy to maintain. The caf/dining area was re-imagined and easily seats six and features a plate wall for display. The spacious primary suite flows seamlessly, and the covered, screened lanai with a panoramic birdcage provides serene views of greenery and conservation areas. The laundry room has cabinets. Centrally located in the community, this home is available for a quick transition to new owners. Del Webb Bay View, just 1.5 miles off I-75, offers excellent access to St. Pete, Tampa, and Sarasota. The Bay View community is vibrant, active, and a little competitive when it comes to sports. With a warm atmosphere and an on-site restaurant, this is a wonderful place to call home! Do note that the CDD fee is included in the taxes quoted.

Neighborhood Data

Neighborhood data shown for ZIP Code: 34219, Parrish, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,007 (100%)
Owner Occupied HU	16,304 (85.8%)
Renter Occupied HU	1,140 ( 6.0%)
Vacant Housing Units	1,563 ( 8.2%)
Median Home Value	$486,744
Average Home Value	$530,938