5700 Gulf Shores Dr #221Boca GrandeFL33921
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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 Boca Grande at 5700 Gulf Shores Dr #221, Boca Grande, FL, 33921 listed at $1,295,000 pairs $4,824/mo rent with a $6,338/mo payment. Total monthly income runs $4,824/mo. Return on cash invested measures 9.59% in year one, and rental yield registers 4.47% at a $1,295,000 basis. Equity gained on principal adds $8,356/yr, and annual property appreciation at 5% supports $357,785 by year five. Five-year ROI tracks 48.01% and total cumulative return in cash totals $201,426. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,824/mo property income relative to a $6,338/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
1,686 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: Christina Sexton • PARSLEY BALDWIN REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #D6143628