401 N Point Rd APT 404OspreyFL34229
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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
Total monthly income runs $5,785/mo, and a $5,873/mo payment. Purchase price stands at $1,200,000, and rental yield measures 5.79% with $5,785/mo rent. Return on cash invested shows 13.65% in year one, and 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 69.76% and total cumulative return in cash records $271,223. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,785/mo property income covering a $5,873/mo payment rather than investor’s personal income.
Condo
Built in 2003
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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