290 Southwinds DrSanibelFL33957
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 290 Southwinds Dr, Sanibel, FL, 33957 listed at $1,695,000 pairs $6,804/mo rent with a $8,296/mo payment. Total monthly income runs $6,804/mo. Return on cash invested measures 10.66% in year one, and rental yield registers 4.82% at a $1,695,000 basis. Equity gained on principal adds $10,938/yr, and annual property appreciation at 5% supports $468,297 by year five. Five-year ROI tracks 53.74% and total cumulative return in cash totals $295,125. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,804/mo property income relative to a $8,296/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
0.52 Acres lot
$N/A/sqft
No 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