1224 Kittiwake CirSanibelFL33957
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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 Sanibel at 1224 Kittiwake Cir, Sanibel, FL, 33957 offers a 9.16% rental yield on a $989,000 purchase with $7,548/mo rent. Total monthly income registers $7,548/mo, and a $4,841/mo payment leaves $984/mo available for distribution. Annual cash flow reaches $11,814/yr on $325,381 to close, and return on cash invested stands at 23.69% in year one. Equity gained on principal adds $6,382/yr while 5% annual appreciation supports $273,242 over five years. Portfolio math shows five-year ROI at 123.69% and total cumulative return in cash at $402,450. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,548/mo property income against a $4,841/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33957, Sanibel, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,915 (100%) |
| Owner Occupied HU | 3,136 (39.6%) |
| Renter Occupied HU | 292 ( 3.7%) |
| Vacant Housing Units | 4,487 (56.7%) |
| Median Home Value | $923,512 |
| Average Home Value | $1,061,888 |
Housing Distribution
Address Breakdown
Residential
4,295
Single Family
4,282
Multi-Family
13
Businesses
408
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