3140 Binnacle LnSaint 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
Rental property for sale in Saint James City at 3140 Binnacle Ln, Saint James City, FL, 33956 generates $3,119/mo in rent, after a $2,692/mo payment. Total monthly income is $3,119/mo. Return on cash invested sits at 16.54% in year one, and rental yield is 6.81% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 85.35% and total cumulative return in cash sums $154,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,119/mo property income rather than buyer’s personal income.
Manufactured
Built in 2007
4,965 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: Francisco Rivera • Related ISG Realty, LLC.
Mls Name: Florida Gulf Coast MLS
Mls ID: #225055419