13133 Grape Ave #234Grand IslandFL32735
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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 Grand Island at 13133 Grape Ave #234, Grand Island, FL, 32735 listed at $119,000 pairs $957/mo rent with a $582/mo payment to leave $168/mo cash flow. Total monthly income runs $957/mo, and annual cash flow reaches $2,013/yr on $39,449 cash to close. Return on cash invested measures 25.01% in year one, and rental yield registers 9.65% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 130.79% and total cumulative return in cash totals $51,593. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $957/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32735, Grand Island, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,664 (100%) |
| Owner Occupied HU | 2,193 (82.3%) |
| Renter Occupied HU | 308 (11.6%) |
| Vacant Housing Units | 163 ( 6.1%) |
| Median Home Value | $360,988 |
| Average Home Value | $482,739 |
Housing Distribution
Address Breakdown
Residential
2,517
Single Family
2,244
Multi-Family
273
Businesses
51
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Listed by: Julia Rutherford • Grand Island Resort
Mls Name: My State MLS
Mls ID: #11550420