3007 Zander DrGrand IslandFL32735
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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 Grand Island at 3007 Zander Dr, Grand Island, FL, 32735 offers a 10.44% rental yield on a $418,800 purchase with $3,643/mo rent. Total monthly income registers $3,643/mo, and a $2,050/mo payment leaves $573/mo available for distribution. Annual cash flow reaches $6,871/yr on $138,832 to close, and return on cash invested stands at 24.86% in year one. Equity gained on principal adds $2,702/yr while 5% annual appreciation supports $115,707 over five years. Portfolio math shows five-year ROI at 130.88% and total cumulative return in cash at $181,706. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,643/mo property income against a $2,050/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 2014
0.26 Acres lot
$N/A/sqft
$291 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32735, Grand Island, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,664 (100%) |
| Owner Occupied HU | 2,193 (82.3%) |
| Renter Occupied HU | 308 (11.6%) |
| Vacant Housing Units | 163 ( 6.1%) |
| Median Home Value | $360,988 |
| Average Home Value | $482,739 |
Housing Distribution
Address Breakdown
Residential
2,517
Single Family
2,244
Multi-Family
273
Businesses
51
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Listed by: N/A • N/A
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