6011 Boca Grande Cswy #F68Boca GrandeFL33921
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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
Total monthly income runs $2,522/mo, and a $6,240/mo payment. Purchase price stands at $1,275,000, and rental yield measures 2.37% with $2,522/mo rent. Return on cash invested shows 3.12% in year one, and 5% annual appreciation builds toward $352,259 over five years. Five-year ROI reaches 13.31% and total cumulative return in cash records $54,986. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,522/mo property income covering a $6,240/mo payment rather than investor’s personal income.
Condo
Built in 1989
1,624 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: Joe Murphy • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #A4678882