16276 Nautical Way APT 1402BokeeliaFL33922
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 16276 Nautical Way APT 1402, Bokeelia, FL, 33922 in Bokeelia achieves a 1.68 ratio at $335,000: $2,534/mo rent versus $1,506/mo debt service. Rental yield 9.08%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.08% yield compounds alongside 5% annual appreciation projecting $92,554 in value. Total projected cumulative return: $107,341.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $(362) | $300 |
City averages based on Bokeelia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,534 |
| Total Monthly Debt Service | $2,763 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.