1287 Ibis DrEnglewoodFL34224
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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 Englewood at 1287 Ibis Dr, Englewood, FL, 34224 uses $72,864 cash to close to unlock $782/yr annual cash flow and $65/mo monthly cash flow. Total monthly income runs $1,524/mo, and a $1,076/mo payment keeps the spread at $65/mo. Purchase price stands at $219,800, and rental yield measures 8.32% with $1,524/mo rent. Return on cash invested shows 20.98% in year one, and 5% annual appreciation builds toward $60,727 over five years. Five-year ROI reaches 109.25% and total cumulative return in cash records $79,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,524/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Manufactured
Built in 1976
7,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34224, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,443 (100%) |
| Owner Occupied HU | 7,238 (63.3%) |
| Renter Occupied HU | 1,486 (13.0%) |
| Vacant Housing Units | 2,719 (23.8%) |
| Median Home Value | $365,183 |
| Average Home Value | $399,158 |
Housing Distribution
Address Breakdown
Residential
10,796
Single Family
9,338
Multi-Family
1,458
Businesses
527
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