3235 Tennis Villas #3235CaptivaFL33924
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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 Captiva at 3235 Tennis Villas #3235, Captiva, FL, 33924 generates $1,981/mo in rent, after a $1,512/mo payment. Total monthly income is $1,981/mo. Return on cash invested sits at 19.1% in year one, and rental yield is 7.69% on a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 99.07% and total cumulative return in cash sums $101,477. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,981/mo property income rather than buyer’s 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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