114 Useppa Is #AUseppa IslandFL33921
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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
Rental property for sale in Useppa Island at 114 Useppa Is #A, Useppa Island, FL, 33921 generates $3,343/mo in rent, after a $5,016/mo payment. Total monthly income is $3,343/mo. Return on cash invested sits at 7.09% in year one, and rental yield is 3.91% on a $1,024,900 entry. Equity gained on principal adds $6,614/yr, while 5% annual appreciation builds toward $283,161 over five years. Five-year ROI reaches 34.89% and total cumulative return in cash sums $115,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,343/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
2,613 sqft lot
$N/A/sqft
$216 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33921, Boca Grande, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,397 (100%) |
| Owner Occupied HU | 515 (36.9%) |
| Renter Occupied HU | 37 ( 2.6%) |
| Vacant Housing Units | 845 (60.5%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,673,544 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
167
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Listed by: Daniel R Williams • Premier Sotheby's Int'l Realty
Mls Name: Sanibel And Captiva Island AOR
Mls Provider:
Mls ID: #2250431
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