13551 Devenshire CtGrand 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 13551 Devenshire Ct, Grand Island, FL, 32735 earns $55/mo cash flow from $1,527/mo rent with a $1,086/mo payment. Total monthly income totals $1,527/mo, and annual cash flow totals $654/yr on $73,560 capital. ROI tracks 20.8% on current figures, and rental yield reads 8.26% at a $221,900 purchase. Equity gained on principal adds $1,432/yr, and 5% annual appreciation supports $61,307 over five years. Five-year ROI reaches 108.22% and total cumulative return in cash sums $79,604. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,527/mo property income instead of your personal income.
Single Family
Built in 1981
0.29 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: Logan Coon • KELLER WILLIAMS WINTER PARK
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6332905
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511