15123 Captiva Dr #101CaptivaFL33924
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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 Captiva at 15123 Captiva Dr #101, Captiva, FL, 33924 uses $567,000 cash to close to unlock $961/yr annual cash flow and $80/mo monthly cash flow. Total monthly income runs $14,640/mo, and a $8,565/mo payment keeps the spread at $80/mo. Purchase price stands at $1,750,000, and rental yield measures 10.04% with $14,640/mo rent. Return on cash invested shows 20.54% in year one, and 5% annual appreciation builds toward $483,493 over five years. Five-year ROI reaches 108.99% and total cumulative return in cash records $617,973. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $14,640/mo property income covering a $8,565/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$2,947 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33924, Captiva, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,444 (100%) |
| Owner Occupied HU | 201 (13.9%) |
| Renter Occupied HU | 48 ( 3.3%) |
| Vacant Housing Units | 1,195 (82.8%) |
| Median Home Value | $1,097,222 |
| Average Home Value | $1,163,308 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
69
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Listed by: Sue Plein • Kingfisher Real Estate Inc.
Mls Name: Sanibel And Captiva Island AOR
Mls Provider:
Mls ID: #2240482
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.