6020 Boca Grande Cswy UNIT 55Boca 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
Investment property for sale in Boca Grande at 6020 Boca Grande Cswy UNIT 55, Boca Grande, FL, 33921 offers a 8.32% rental yield on a $225,000 purchase with $1,560/mo rent. Total monthly income registers $1,560/mo, and a $1,101/mo payment leaves $67/mo available for distribution. Annual cash flow reaches $805/yr on $74,588 to close, and return on cash invested stands at 20.99% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 109.28% and total cumulative return in cash at $81,513. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
N/A 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: Mary Montovano • GULF TO BAY SOTHEBY'S INTERNAT
Mls Name: Stellar MLS
Mls ID: #D6143004