916 Piney Point RdPalmettoFL34221
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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 Palmetto at 916 Piney Point Rd, Palmetto, FL, 34221 listed at $227,000 pairs $2,118/mo rent with a $1,111/mo payment to leave $612/mo cash flow. Total monthly income runs $2,118/mo, and annual cash flow reaches $7,340/yr on $75,251 cash to close. Return on cash invested measures 29.66% in year one, and rental yield registers 11.2% at a $227,000 basis. Equity gained on principal adds $1,465/yr, and annual property appreciation at 5% supports $62,716 by year five. Five-year ROI tracks 155.74% and total cumulative return in cash totals $117,193. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,118/mo property income relative to a $1,111/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.51 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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