385 N Point Rd UNIT 704OspreyFL34229
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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 385 N Point Rd UNIT 704, Osprey, FL, 34229 earns from $5,058/mo rent with a $7,342/mo payment. Total monthly income totals $5,058/mo. ROI tracks 8.28% on current figures, and rental yield reads 4.05% at a $1,500,000 purchase. Equity gained on principal adds $9,679/yr, and 5% annual appreciation supports $414,422 over five years. Five-year ROI reaches 40.98% and total cumulative return in cash sums $199,175. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,058/mo property income instead of your personal income.
Condo
Built in 2000
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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