13316 Biscayne DrGrand 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 13316 Biscayne Dr, Grand Island, FL, 32735 earns $397/mo cash flow from $2,885/mo rent with a $1,835/mo payment. Total monthly income totals $2,885/mo, and annual cash flow totals $4,762/yr on $124,313 capital. ROI tracks 23.74% on current figures, and rental yield reads 9.23% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 123.97% and total cumulative return in cash sums $154,107. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,885/mo property income instead of your personal income.
Single Family
Built in 2003
0.45 Acres 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: Jarene Mathias • RE/MAX PREMIER REALTY
Mls Name: Stellar MLS
Mls ID: #G5100107