2424 Plumadore DrGrand IslandFL32735
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
Rental property for sale in Grand Island at 2424 Plumadore Dr, Grand Island, FL, 32735 priced at $434,000 pairs $2,040/mo rent with after a $2,124/mo payment. Total monthly income equals $2,040/mo. Return on cash invested is 11.89% in year one, and rental yield stands at 5.64% on a $434,000 basis. Equity gained on principal adds $2,801/yr, and 5% annual appreciation accumulates to $119,906 by year five. Five-year ROI measures 60.8% and total cumulative return in cash reaches $87,466. For financing, Ziffy Mortgage’s DSCR program evaluates $2,040/mo property income against a $2,124/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
10,059 sqft lot
$N/A/sqft
$122 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32735, Grand Island, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,664 (100%) |
| Owner Occupied HU | 2,193 (82.3%) |
| Renter Occupied HU | 308 (11.6%) |
| Vacant Housing Units | 163 ( 6.1%) |
| Median Home Value | $360,988 |
| Average Home Value | $482,739 |
Housing Distribution
Address Breakdown
Residential
2,517
Single Family
2,244
Multi-Family
273
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jill Doss • ERA GRIZZARD REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #G5097154
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511