501 Spring AveAnna MariaFL34216
Nearby investment properties with comparable rents
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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 Anna Maria at 501 Spring Ave, Anna Maria, FL, 34216 offers $1,975/mo rent that, after a $5,139/mo payment. Total monthly income is $1,975/mo. Return on cash invested measures 2.76% in year one, and rental yield stands at 2.26% at a $1,050,000 entry. Equity gained on principal adds $6,775/yr while 5% annual appreciation compounds into $290,096 by year five. Five-year ROI records 11.38% and total cumulative return in cash reaches $38,729. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,975/mo property income versus a $5,139/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
7,210 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34216, Anna Maria, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,450 (100%) |
| Owner Occupied HU | 444 (30.6%) |
| Renter Occupied HU | 54 ( 3.7%) |
| Vacant Housing Units | 952 (65.7%) |
| Median Home Value | $1,061,644 |
| Average Home Value | $1,325,113 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
99
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Nearby investment properties with comparable prices
Listed by: Stephanie Bell • FRAN MAXON REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #A4673736