668 Anchor DrSanibelFL33957
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
Investment Highlights
Rental property for sale in Sanibel at 668 Anchor Dr, Sanibel, FL, 33957 priced at $1,499,000 pairs $12,384/mo rent with $2,211/mo cash flow after a $7,337/mo payment. Total monthly income equals $12,384/mo, and annual cash flow comes to $26,532/yr on $485,676 invested. Return on cash invested is 25.83% in year one, and rental yield stands at 9.91% on a $1,499,000 basis. Equity gained on principal adds $9,673/yr, and 5% annual appreciation accumulates to $414,146 by year five. Five-year ROI measures 135.3% and total cumulative return in cash reaches $657,141. For financing, Ziffy Mortgage’s DSCR program evaluates $12,384/mo property income against a $7,337/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.44 Acres lot
$N/A/sqft
$50 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33957, Sanibel, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,915 (100%) |
| Owner Occupied HU | 3,136 (39.6%) |
| Renter Occupied HU | 292 ( 3.7%) |
| Vacant Housing Units | 4,487 (56.7%) |
| Median Home Value | $923,512 |
| Average Home Value | $1,061,888 |
Housing Distribution
Address Breakdown
Residential
4,295
Single Family
4,282
Multi-Family
13
Businesses
408
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Andrews • SanibelSusan Realty Associates
Mls Name: Sanibel And Captiva Island AOR
Mls Provider:
Mls ID: #2240475
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.