24381 Sandpiper Isle Way UNIT 204Bonita SpringsFL34134
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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 Bonita Springs at 24381 Sandpiper Isle Way UNIT 204, Bonita Springs, FL, 34134 uses $261,555 cash to close to unlock $10,584/yr annual cash flow and $882/mo monthly cash flow. Total monthly income runs $7,056/mo, and a $3,891/mo payment keeps the spread at $882/mo. Purchase price stands at $795,000, and rental yield measures 10.65% with $7,056/mo rent. Return on cash invested shows 24.11% in year one, and 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 127.42% and total cumulative return in cash records $333,274. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,056/mo property income covering a $3,891/mo payment rather than investor’s personal income.
Condo
Built in 1997
5,758 sqft lot
$N/A/sqft
$10,780 annually HOA
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Listed by: Jo Ellen Nash • Naples Luxury Real Estate Grou
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224087794
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.