36528 Eagle DrGrand IslandFL32735
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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 Grand Island at 36528 Eagle Dr, Grand Island, FL, 32735 uses $103,693 cash to close to unlock $2,463/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $2,281/mo, and a $1,531/mo payment keeps the spread at $205/mo. Purchase price stands at $312,800, and rental yield measures 8.75% with $2,281/mo rent. Return on cash invested shows 22.28% in year one, and 5% annual appreciation builds toward $86,421 over five years. Five-year ROI reaches 116.19% and total cumulative return in cash records $120,479. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,281/mo property income covering a $1,531/mo payment rather than investor’s personal income.
Single Family
Built in 1992
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32735, Grand Island, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,664 (100%) |
| Owner Occupied HU | 2,193 (82.3%) |
| Renter Occupied HU | 308 (11.6%) |
| Vacant Housing Units | 163 ( 6.1%) |
| Median Home Value | $360,988 |
| Average Home Value | $482,739 |
Housing Distribution
Address Breakdown
Residential
2,517
Single Family
2,244
Multi-Family
273
Businesses
51
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Listed by: Sharon Hyres • FUTURE HOME REALTY INC
Mls Name: Stellar MLS
Mls ID: #O6363308