2888 Oleander St UNIT C4Saint James CityFL33956
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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 Saint James City at 2888 Oleander St UNIT C4, Saint James City, FL, 33956 offers a 11.78% rental yield on a $339,000 purchase with $3,329/mo rent. Total monthly income registers $3,329/mo, and a $1,659/mo payment leaves $1,080/mo available for distribution. Annual cash flow reaches $12,955/yr on $112,379 to close, and return on cash invested stands at 31.44% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 165.26% and total cumulative return in cash at $185,716. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,329/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
4,826 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33956, Saint James City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,514 (100%) |
| Owner Occupied HU | 1,959 (55.7%) |
| Renter Occupied HU | 184 ( 5.2%) |
| Vacant Housing Units | 1,371 (39.0%) |
| Median Home Value | $481,848 |
| Average Home Value | $575,255 |
Housing Distribution
Address Breakdown
Residential
2,911
Single Family
2,911
Multi-Family
0
Businesses
135
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Listed by: Leslie Osborne • John R. Wood Properties
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025021066