2291 Palm AveSaint James CityFL33956
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 Saint James City at 2291 Palm Ave, Saint James City, FL, 33956 uses $226,977 cash to close to unlock $77/yr annual cash flow and $6/mo monthly cash flow. Total monthly income runs $4,585/mo, and a $3,377/mo payment keeps the spread at $6/mo. Purchase price stands at $689,900, and rental yield measures 7.98% with $4,585/mo rent. Return on cash invested shows 20.09% in year one, and 5% annual appreciation builds toward $190,607 over five years. Five-year ROI reaches 104.39% and total cumulative return in cash records $236,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,585/mo property income covering a $3,377/mo payment rather than investor’s personal income.
Single Family
Built in 1998
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33956, Saint James City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,514 (100%) |
| Owner Occupied HU | 1,959 (55.7%) |
| Renter Occupied HU | 184 ( 5.2%) |
| Vacant Housing Units | 1,371 (39.0%) |
| Median Home Value | $481,848 |
| Average Home Value | $575,255 |
Housing Distribution
Address Breakdown
Residential
2,911
Single Family
2,911
Multi-Family
0
Businesses
135
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Patriarca • Redfin Corporation
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025019210