13113 Gasparilla Rd #A305PlacidaFL33946
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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 #A305, Placida, FL, 33946 uses $195,755 cash to close to unlock $15,753/yr annual cash flow and $1,313/mo monthly cash flow. Total monthly income runs $5,261/mo, and a $2,912/mo payment keeps the spread at $1,313/mo. Purchase price stands at $595,000, and rental yield measures 10.61% with $5,261/mo rent. Return on cash invested shows 28.11% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 147.36% and total cumulative return in cash records $288,470. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,261/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Condo
Built in 2003
1,846 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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