6000 Boca Grande Cswy #DBoca GrandeFL33921
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 6000 Boca Grande Cswy #D, Boca Grande, FL, 33921 in Boca Grande is capital appreciation. Rental yield 5.26%. The 5.26% gross yield at $999,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $276,005 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.97) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $235,970.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 4.5% |
| Monthly Cash Flow | $(2,251) | $2,000 |
City averages based on Boca Grande market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,379 |
| Total Monthly Debt Service | $6,232 |
| DSCR Ratio | 0.70x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1986
1,598 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
Nearby investment properties with comparable rents
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
Condo
Built in 1986
1,598 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Finley • PARSLEY BALDWIN REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #D6143411