1651 Sand Castle RdSanibelFL33957
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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 Sanibel at 1651 Sand Castle Rd, Sanibel, FL, 33957 generates $5,589/mo in rent and, after a $3,500/mo payment, leaves $725/mo in cash flow. Total monthly income is $5,589/mo, and annual cash flow is $8,695/yr on $235,235 invested. Return on cash invested sits at 23.76% in year one, and rental yield is 9.38% on a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation builds toward $197,541 over five years. Five-year ROI reaches 124.26% and total cumulative return in cash sums $292,305. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,589/mo property income rather than buyer’s personal income.
Multi Family
Built in 1984
7,013 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33957, Sanibel, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,915 (100%) |
| Owner Occupied HU | 3,136 (39.6%) |
| Renter Occupied HU | 292 ( 3.7%) |
| Vacant Housing Units | 4,487 (56.7%) |
| Median Home Value | $923,512 |
| Average Home Value | $1,061,888 |
Housing Distribution
Address Breakdown
Residential
4,295
Single Family
4,282
Multi-Family
13
Businesses
408
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Listed by: Rob Pailes • SBL Realty Group LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225008872
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.