5000 Gasparilla Rd #8BBoca GrandeFL33921
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Boca Grande at 5000 Gasparilla Rd #8B, Boca Grande, FL, 33921 earns from $2,990/mo rent with a $8,301/mo payment. Total monthly income totals $2,990/mo. ROI tracks -4.11% on current figures, and rental yield reads 2.12% at a $1,696,000 purchase. Equity gained on principal adds $10,944/yr, and 5% annual appreciation supports $468,574 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,990/mo property income instead of your personal income.
Condo
Built in 1979
1,342 sqft lot
$N/A/sqft
$1,885 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33921, Boca Grande, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,397 (100%) |
| Owner Occupied HU | 515 (36.9%) |
| Renter Occupied HU | 37 ( 2.6%) |
| Vacant Housing Units | 845 (60.5%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,673,544 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carol Stewart • MICHAEL SAUNDERS & CO. - BOCA
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #D6142414
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511