6800 Placida Rd UNIT 268EnglewoodFL34224
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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 Englewood at 6800 Placida Rd UNIT 268, Englewood, FL, 34224 earns from $1,992/mo rent with a $1,124/mo payment. Total monthly income totals $1,992/mo. ROI tracks 15.73% on current figures, and rental yield reads 10.41% at a $229,711 purchase. Equity gained on principal adds $1,482/yr, and 5% annual appreciation supports $63,465 over five years. Five-year ROI reaches 85.22% and total cumulative return in cash sums $64,896. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,992/mo property income instead of your personal income.
Condo
Built in 1988
1,374 sqft lot
$N/A/sqft
$733 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34224, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,443 (100%) |
| Owner Occupied HU | 7,238 (63.3%) |
| Renter Occupied HU | 1,486 (13.0%) |
| Vacant Housing Units | 2,719 (23.8%) |
| Median Home Value | $365,183 |
| Average Home Value | $399,158 |
Housing Distribution
Address Breakdown
Residential
10,796
Single Family
9,338
Multi-Family
1,458
Businesses
527
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Listed by: Jeremy Jones • TALL PINES REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #D6143064
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511