520 Useppa IsUseppa IslandFL33921
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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 Useppa Island at 520 Useppa Is, Useppa Island, FL, 33921 priced at $1,124,900 converts $5,662/mo rent into after a $5,506/mo obligation. Total monthly income equals $5,662/mo. Return on cash invested prints 14.43% in year one, and rental yield reads 6.04% against a $1,124,900 entry. Equity gained on principal adds $7,259/yr, while 5% annual appreciation compiles into $310,789 by year five. Five-year ROI reaches 73.98% and total cumulative return in cash sums $269,617. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,662/mo property income covering a $5,506/mo payment, not borrower’s personal income.
Multi Family
Built in 1981
2,352 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: Brian McColgan • UIP Property Company LLC
Mls Name: Florida Gulf Coast MLS
Mls ID: #2025024636