16641 Stringfellow Rd #506BokeeliaFL33922
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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
Total monthly income runs $2,917/mo, and a $2,496/mo payment. Purchase price stands at $510,000, and rental yield measures 6.86% with $2,917/mo rent. Return on cash invested shows 16.72% in year one, and 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 86.29% and total cumulative return in cash records $144,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,917/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Condo
Built in 1992
4,652 sqft 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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