429 E Gulf Dr #14SanibelFL33957
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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 Sanibel at 429 E Gulf Dr #14, Sanibel, FL, 33957 earns $234/mo cash flow from $2,122/mo rent with a $1,101/mo payment. Total monthly income totals $2,122/mo, and annual cash flow totals $2,809/yr on $74,588 capital. ROI tracks 23.68% on current figures, and rental yield reads 11.32% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 125.98% and total cumulative return in cash sums $93,969. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,122/mo property income instead of your personal income.
Condo
Built in 1969
4,791 sqft lot
$N/A/sqft
$395 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33957, Sanibel, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,915 (100%) |
| Owner Occupied HU | 3,136 (39.6%) |
| Renter Occupied HU | 292 ( 3.7%) |
| Vacant Housing Units | 4,487 (56.7%) |
| Median Home Value | $923,512 |
| Average Home Value | $1,061,888 |
Housing Distribution
Address Breakdown
Residential
4,295
Single Family
4,282
Multi-Family
13
Businesses
408
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