527 Sutton PlLongboat KeyFL34228
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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 Longboat Key at 527 Sutton Pl, Longboat Key, FL, 34228 at $425,000 posts ROI 22.12% with $260/mo cash flow from $3,080/mo rent. Total monthly income equals $3,080/mo, and annual cash flow records $3,117/yr on $140,888 to close. Return on cash invested measures 22.12% and rental yield reads 8.7% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 115.29% and total cumulative return in cash totals $162,425.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,080/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34228, Longboat Key, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,771 (100%) |
| Owner Occupied HU | 3,972 (40.7%) |
| Renter Occupied HU | 313 ( 3.2%) |
| Vacant Housing Units | 5,486 (56.1%) |
| Median Home Value | $1,019,900 |
| Average Home Value | $1,229,149 |
Housing Distribution
Address Breakdown
Residential
8,135
Single Family
2,822
Multi-Family
5,313
Businesses
342
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Listed by: Michael Yawitz • MICHAEL SAUNDERS & COMPANY
Mls Name: Stellar MLS
Mls ID: #A4677642