5238 BaysideCaptivaFL33924
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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
Investment property for sale in Captiva at 5238 Bayside, Captiva, FL, 33924 uses $82,875 cash to close to unlock $30,343/yr annual cash flow and $2,529/mo monthly cash flow. Total monthly income runs $4,188/mo, and a $1,224/mo payment keeps the spread at $2,529/mo. Purchase price stands at $250,000, and rental yield measures 20.1% with $4,188/mo rent. Return on cash invested shows 56.52% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 299.78% and total cumulative return in cash records $248,446. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,188/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1979
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33924, Captiva, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,444 (100%) |
| Owner Occupied HU | 201 (13.9%) |
| Renter Occupied HU | 48 ( 3.3%) |
| Vacant Housing Units | 1,195 (82.8%) |
| Median Home Value | $1,097,222 |
| Average Home Value | $1,163,308 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
69
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