2445 W Gulf Dr UNIT E7SanibelFL33957
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 2445 W Gulf Dr UNIT E7, Sanibel, FL, 33957 earns from $4,096/mo rent with a $5,849/mo payment. Total monthly income totals $4,096/mo. ROI tracks 3.38% on current figures, and rental yield reads 4.11% at a $1,195,000 purchase. Equity gained on principal adds $7,711/yr, and 5% annual appreciation supports $330,156 over five years. Five-year ROI reaches 16.56% and total cumulative return in cash sums $64,130. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,096/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$4,942 quarterly 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: Teresa T Baker • Royal Shell Real Estate, Inc.
Mls Name: Sanibel And Captiva Island AOR
Mls Provider:
Mls ID: #2250778
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.