16276 Nautical Way APT 1402BokeeliaFL33922
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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
Rental property for sale in Bokeelia at 16276 Nautical Way APT 1402, Bokeelia, FL, 33922 generates $2,652/mo in rent, after a $1,640/mo payment. Total monthly income is $2,652/mo. Return on cash invested sits at 17.27% in year one, and rental yield is 9.5% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 91.91% and total cumulative return in cash sums $102,068. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,652/mo property income rather than buyer’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33922, Bokeelia, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,050 (100%) |
| Owner Occupied HU | 1,771 (58.1%) |
| Renter Occupied HU | 354 (11.6%) |
| Vacant Housing Units | 925 (30.3%) |
| Median Home Value | $493,769 |
| Average Home Value | $621,008 |
Housing Distribution
Address Breakdown
Residential
2,384
Single Family
2,300
Multi-Family
84
Businesses
113
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Listed by: Mike Faulkner • John R. Wood Properties
Mls Name: Florida Gulf Coast MLS
Mls Provider:
Mls ID: #2025024106
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.