2659 W Gulf Dr UNIT B101SanibelFL33957
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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 Sanibel at 2659 W Gulf Dr UNIT B101, Sanibel, FL, 33957 projects strong ROI of 4.15%. Rental yield 3.33%. With 5% annual appreciation, the property builds $661,694 in value over five years. Equity growth combined delivers a projected five-year ROI of 19.55%, translating into $151,717 in total cumulative return on $775,980 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 1984
5,810 sqft lot
$N/A/sqft
$14,800 annually 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
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Listed by: Phaidra McDermott • Kingfisher Real Estate, Inc.
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #224102161
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.