946 Madrid Dr, Palm Harbor, FL, 34684 | 7.59% Rental Yield

For Sale

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

Rental property for sale in Palm Harbor at 946 Madrid Dr, Palm Harbor, FL, 34684 priced at $345,000 converts $2,183/mo rent into after a $1,689/mo obligation. Total monthly income equals $2,183/mo. Return on cash invested prints 18.79% in year one, and rental yield reads 7.59% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 97.44% and total cumulative return in cash sums $111,436. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,183/mo property income covering a $1,689/mo payment, not borrower’s personal income.

Single Family

Built in 1986

2,714 sqft lot

$N/A/sqft

No HOA