4575 Spring Creek DrBonita SpringsFL34134
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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
Rental property for sale in Bonita Springs at 4575 Spring Creek Dr, Bonita Springs, FL, 34134 offers $2,673/mo rent that, after a $1,953/mo payment, leaves $25/mo cash flow. Total monthly income is $2,673/mo, and annual cash flow is $301/yr on $132,269 cash. Return on cash invested measures 20.14% in year one, and rental yield stands at 8.04% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 104.68% and total cumulative return in cash reaches $138,458. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,673/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
9,147 sqft lot
$N/A/sqft
No HOA
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Listed by: Karen Ventura • Sundance Realty II
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #223034938
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2024 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.