9510 Harbor Greens Way APT 406, Seminole, FL, 33776 | $29/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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9510 Harbor Greens Way APT 406, Seminole, FL, 33776 | $29/mo Cash Flow | Ziffy

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 Seminole at 9510 Harbor Greens Way APT 406, Seminole, FL, 33776 generates $1,687/mo in rent and, after a $1,223/mo payment, leaves $29/mo in cash flow. Total monthly income is $1,687/mo, and annual cash flow is $345/yr on $82,842 invested. Return on cash invested sits at 20.33% in year one, and rental yield is 8.1% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 105.66% and total cumulative return in cash sums $87,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,687/mo property income rather than buyer’s personal income.

Condo

Built in 1992

5 Acres lot

$N/A/sqft

No HOA

More details about the property

Move-in ready 2 bedroom 2 bath condo with long balcony in ALL AGE building (NO land lease) at small, hidden away, most desirable "Harbor Greens at Yacht Club Estates II." This 4th floor unit (elevator close by!) features a light eat-in kitchen with Granite counters, breakfast bar, ample cabinet space and GE appliances (newer refrigerator). The fabulous oversized (long) window-enclosed (screened) balcony with hurricane shutters - overlooks green space to the north and residential homes of Yacht Club Estates. Other features include: all newer windows, laundry hook-up in hallway to bathroom, tile floors and carpets, ceiling fans, water softener, Rheem Water Heater, A/C in 2013 (Choice Home Warranty offered for peace of mind), and a large walk-in closet in the spacious master bedroom. There is one assigned UNDERBUILDING parking space (#406) and one storage room. 1 small pet (18lbs) and minimum of 3-months rentals permitted, a low $500 monthly maintenance fee covers water, sewer, trash pick up, master insurance policy on buildings, community heated pool, clubhouse, private roads, maintenance, reserves, and management company. Minutes away from white, sandy beaches of Indian Shores, the new Seminole City Center with restaurants, movie-theater, grocery & pet stores, medical facilities, Seminole Rec Center, Post Office and St. Pete College. Milestone and SIRS reports (attached to listing) completed - no current assessments. Hurry, come, see and make this your "forever home!"

Neighborhood Data

Neighborhood data shown for ZIP Code: 33776, Seminole, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,583 (100%)
Owner Occupied HU	4,660 (83.5%)
Renter Occupied HU	537 ( 9.6%)
Vacant Housing Units	386 ( 6.9%)
Median Home Value	$529,739
Average Home Value	$638,562