1531 Placida Rd BUILDING 10EnglewoodFL34223
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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 Englewood at 1531 Placida Rd BUILDING 10, Englewood, FL, 34223 earns from $1,455/mo rent with a $942/mo payment. Total monthly income totals $1,455/mo. ROI tracks 11.03% on current figures, and rental yield reads 9.07% at a $192,500 purchase. Equity gained on principal adds $1,242/yr, and 5% annual appreciation supports $53,184 over five years. Five-year ROI reaches 60.26% and total cumulative return in cash sums $38,453. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,455/mo property income instead of your personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$650 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34223, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,549 (100%) |
| Owner Occupied HU | 10,404 (62.9%) |
| Renter Occupied HU | 1,637 ( 9.9%) |
| Vacant Housing Units | 4,508 (27.2%) |
| Median Home Value | $546,059 |
| Average Home Value | $631,986 |
Housing Distribution
Address Breakdown
Residential
13,691
Single Family
11,537
Multi-Family
2,154
Businesses
636
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Listed by: Kathy Cipolla • MICHAEL SAUNDERS & COMPANY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #N6140578
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