3540 Bayou CirLongboat KeyFL34228
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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 Longboat Key at 3540 Bayou Cir, Longboat Key, FL, 34228 listed at $1,575,000 pairs $12,000/mo rent with a $7,709/mo payment to leave $1,548/mo cash flow. Total monthly income runs $12,000/mo, and annual cash flow reaches $18,574/yr on $510,300 cash to close. Return on cash invested measures 24.01% in year one, and rental yield registers 9.14% at a $1,575,000 basis. Equity gained on principal adds $10,163/yr, and annual property appreciation at 5% supports $435,143 by year five. Five-year ROI tracks 125.33% and total cumulative return in cash totals $639,566. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $12,000/mo property income relative to a $7,709/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34228, Longboat Key, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,771 (100%) |
| Owner Occupied HU | 3,972 (40.7%) |
| Renter Occupied HU | 313 ( 3.2%) |
| Vacant Housing Units | 5,486 (56.1%) |
| Median Home Value | $1,019,900 |
| Average Home Value | $1,229,149 |
Housing Distribution
Address Breakdown
Residential
8,135
Single Family
2,822
Multi-Family
5,313
Businesses
342
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Listed by: Ryan Heers • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #A4670627