13113 Gasparilla Rd #A-503PlacidaFL33946
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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 Placida at 13113 Gasparilla Rd #A-503, Placida, FL, 33946 earns $2,182/mo cash flow from $8,785/mo rent with a $4,870/mo payment. Total monthly income totals $8,785/mo, and annual cash flow totals $26,184/yr on $327,355 capital. ROI tracks 28.06% on current figures, and rental yield reads 10.59% at a $995,000 purchase. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 over five years. Five-year ROI reaches 147.11% and total cumulative return in cash sums $481,578. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,785/mo property income instead of your personal income.
Condo
Built in 2003
1,845 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33946, Placida, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,805 (100%) |
| Owner Occupied HU | 1,595 (41.9%) |
| Renter Occupied HU | 121 ( 3.2%) |
| Vacant Housing Units | 2,089 (54.9%) |
| Median Home Value | $642,188 |
| Average Home Value | $677,636 |
Housing Distribution
Address Breakdown
Residential
1,594
Single Family
1,243
Multi-Family
351
Businesses
189
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