24221 Addison Place CtBonita SpringsFL34134
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 24221 Addison Place Ct, Bonita Springs, FL, 34134 in Bonita Springs. Rental yield 3.51%. At $1,900,000 with 3.51% gross yield, current distributions are modest, but the 5% appreciation rate projects $524,935 in new equity by year five, complemented by $17,499/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.65) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $209,910.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 6.2% |
| Monthly Cash Flow | $(8,059) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $5,558 |
| Total Monthly Debt Service | $12,861 |
| DSCR Ratio | 0.43x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
0.46 Acres lot
$N/A/sqft
$12,100 annually HOA
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
Single Family
Built in 1998
0.46 Acres lot
$N/A/sqft
$12,100 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tessa Perry • Local Real Estate LLC
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224099050
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.