3621 N Point Rd Unit 301OspreyFL34229
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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 Osprey at 3621 N Point Rd Unit 301, Osprey, FL, 34229 offers a 11.64% rental yield on a $625,000 purchase with $6,065/mo rent. Total monthly income registers $6,065/mo, and a $3,059/mo payment leaves $1,917/mo available for distribution. Annual cash flow reaches $23,010/yr on $205,625 to close, and return on cash invested stands at 31.25% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 164.22% and total cumulative return in cash at $337,681. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,065/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34229, Osprey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,629 (100%) |
| Owner Occupied HU | 3,564 (77.0%) |
| Renter Occupied HU | 380 ( 8.2%) |
| Vacant Housing Units | 685 (14.8%) |
| Median Home Value | $777,632 |
| Average Home Value | $948,645 |
Housing Distribution
Address Breakdown
Residential
4,436
Single Family
3,809
Multi-Family
627
Businesses
426
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