17176 Bonita Ln WSummerland KeyFL33042
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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 Summerland Key at 17176 Bonita Ln W, Summerland Key, FL, 33042 offers a 4.1% rental yield on a $1,698,000 purchase with $5,801/mo rent. 44% in year one. Equity gained on principal adds $10,957/yr while 5% annual appreciation supports $469,126 over five years. Portfolio math shows five-year ROI at 41.86% and total cumulative return in cash at $230,319. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,801/mo property income against a $8,311/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33042, Summerland Key, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,791 (100%) |
| Owner Occupied HU | 2,570 (53.6%) |
| Renter Occupied HU | 503 (10.5%) |
| Vacant Housing Units | 1,718 (35.9%) |
| Median Home Value | $754,079 |
| Average Home Value | $932,409 |
Housing Distribution
Address Breakdown
Residential
3,922
Single Family
3,921
Multi-Family
1
Businesses
149
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Listed by: Tom McLaughlin • Coldwell Banker Schmitt Real Estate Co. (KW)
Mls Name: FLKMLS
Mls ID: #617712