3224 Tennis Villas #3224CaptivaFL33924
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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 Captiva at 3224 Tennis Villas #3224, Captiva, FL, 33924 earns $186/mo cash flow from $2,376/mo rent with a $1,615/mo payment. Total monthly income totals $2,376/mo, and annual cash flow totals $2,235/yr on $109,395 capital. ROI tracks 21.95% on current figures, and rental yield reads 8.64% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 114.41% and total cumulative return in cash sums $125,159. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,376/mo property income instead of your personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33924, Captiva, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,444 (100%) |
| Owner Occupied HU | 201 (13.9%) |
| Renter Occupied HU | 48 ( 3.3%) |
| Vacant Housing Units | 1,195 (82.8%) |
| Median Home Value | $1,097,222 |
| Average Home Value | $1,163,308 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
69
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