5818 Royal Okley LnBokeeliaFL33922
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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 Bokeelia at 5818 Royal Okley Ln, Bokeelia, FL, 33922 priced at $429,000 converts $3,996/mo rent into $1,149/mo cash flow after a $2,100/mo obligation. Total monthly income equals $3,996/mo, and annual cash flow totals $13,786/yr on $142,214 invested. Return on cash invested prints 29.6% in year one, and rental yield reads 11.18% against a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation compiles into $118,525 by year five. Five-year ROI reaches 155.41% and total cumulative return in cash sums $221,017. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,996/mo property income covering a $2,100/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33922, Bokeelia, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,050 (100%) |
| Owner Occupied HU | 1,771 (58.1%) |
| Renter Occupied HU | 354 (11.6%) |
| Vacant Housing Units | 925 (30.3%) |
| Median Home Value | $493,769 |
| Average Home Value | $621,008 |
Housing Distribution
Address Breakdown
Residential
2,384
Single Family
2,300
Multi-Family
84
Businesses
113
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Listed by: Chris Blondin • Coldwell Banker Realty
Mls Name: SWFLMLS
Mls Provider:
Mls ID: #225046322
Disclaimer: The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2025 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.