54 Sandpiper CtCaptivaFL33924
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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 Captiva at 54 Sandpiper Ct, Captiva, FL, 33924 offers $3,078/mo rent that, after a $6,143/mo payment. Total monthly income is $3,078/mo. Return on cash invested measures 3.2% in year one, and rental yield stands at 2.94% at a $1,255,000 entry. Equity gained on principal adds $8,098/yr while 5% annual appreciation compounds into $346,733 by year five. Five-year ROI records 14.36% and total cumulative return in cash reaches $58,391. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,078/mo property income versus a $6,143/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
6,882 sqft lot
$N/A/sqft
$1,700 quarterly 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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Listed by: Nick Hanna • Premier Sotheby's Int'l Realty
Mls Name: Sanibel And Captiva Island AOR
Mls Provider:
Mls ID: #2250627
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