6900 Palm Island DrPlacidaFL33946
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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 Placida at 6900 Palm Island Dr, Placida, FL, 33946 earns $3,002/mo cash flow from $12,956/mo rent with a $7,342/mo payment. Total monthly income totals $12,956/mo, and annual cash flow totals $36,018/yr on $486,000 capital. ROI tracks 27.78% on current figures, and rental yield reads 10.36% at a $1,500,000 purchase. Equity gained on principal adds $9,679/yr, and 5% annual appreciation supports $414,422 over five years. Five-year ROI reaches 145.56% and total cumulative return in cash sums $707,411. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $12,956/mo property income instead of your personal income.
Single Family
Built in 1991
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33946, Placida, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,805 (100%) |
| Owner Occupied HU | 1,595 (41.9%) |
| Renter Occupied HU | 121 ( 3.2%) |
| Vacant Housing Units | 2,089 (54.9%) |
| Median Home Value | $642,188 |
| Average Home Value | $677,636 |
Housing Distribution
Address Breakdown
Residential
1,594
Single Family
1,243
Multi-Family
351
Businesses
189
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