10808 Alvara Point DRBonita SpringsFL34135
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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 Bonita Springs at 10808 Alvara Point DR, Bonita Springs, FL, 34135 offers a 10.89% rental yield on a $350,000 purchase with $3,176/mo rent. Total monthly income registers $3,176/mo, and a $1,713/mo payment leaves $853/mo available for distribution. Annual cash flow reaches $10,241/yr on $116,025 to close, and return on cash invested stands at 28.74% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 150.78% and total cumulative return in cash at $174,938. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,176/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2016
2,003 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34135, Bonita Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,678 (100%) |
| Owner Occupied HU | 19,232 (57.1%) |
| Renter Occupied HU | 4,798 (14.2%) |
| Vacant Housing Units | 9,648 (28.6%) |
| Median Home Value | $543,398 |
| Average Home Value | $625,289 |
Housing Distribution
Address Breakdown
Residential
29,383
Single Family
23,104
Multi-Family
6,279
Businesses
1,213
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Listed by: Patricia A Vahle • Royal Shell Real Estate, Inc.
Mls Name: SWFLMLS
Mls ID: #225076033