200 Periwinkle Way UNIT 232SanibelFL33957
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
Investment Highlights
Investment property for sale in Sanibel at 200 Periwinkle Way UNIT 232, Sanibel, FL, 33957 uses $285,901 cash to close to unlock $4,866/yr annual cash flow and $405/mo monthly cash flow. Total monthly income runs $7,872/mo, and a $4,253/mo payment keeps the spread at $405/mo. Purchase price stands at $869,000, and rental yield measures 10.87% with $7,872/mo rent. Return on cash invested shows 21.76% in year one, and 5% annual appreciation builds toward $240,089 over five years. Five-year ROI reaches 115.93% and total cumulative return in cash records $331,439. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,872/mo property income covering a $4,253/mo payment rather than investor’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$20,400 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim Hall • VIP Realty Sanibel and Captiva
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #222067328
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.