11610 Red Hibiscus 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 11610 Red Hibiscus DR, Bonita Springs, FL, 34135 offers a 7.37% rental yield on a $500,000 purchase with $3,071/mo rent. 12% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 93.86% and total cumulative return in cash at $155,576. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,071/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
7,927 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: Jeanne Drath • Local Real Estate LLC
Mls Name: SWFLMLS
Mls ID: #225068919