5000 Gasparilla Rd #VH37Boca GrandeFL33921
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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 $5,411/mo, and a $9,055/mo payment. Purchase price stands at $1,850,000, and rental yield measures 3.51% with $5,411/mo rent. Return on cash invested shows 6.62% in year one, and 5% annual appreciation builds toward $511,121 over five years. Five-year ROI reaches 32.1% and total cumulative return in cash records $192,385. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,411/mo property income covering a $9,055/mo payment rather than investor’s personal income.
Condo
Built in 1991
1,298 sqft lot
$N/A/sqft
No 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
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Listed by: Kristin O'Connor • GULF TO BAY SOTHEBY'S INTERNAT
Mls Name: Stellar MLS
Mls ID: #D6144567