720 Elinor WaySanibelFL33957
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 720 Elinor Way, Sanibel, FL, 33957 offers $5,514/mo rent that, after a $5,624/mo payment. Total monthly income is $5,514/mo. Return on cash invested measures 13.05% in year one, and rental yield stands at 5.76% at a $1,149,000 entry. Equity gained on principal adds $7,414/yr while 5% annual appreciation compounds into $317,448 by year five. Five-year ROI records 66.72% and total cumulative return in cash reaches $248,395. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,514/mo property income versus a $5,624/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.46 Acres lot
$N/A/sqft
No 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: Kelly Huguenin • Pfeifer Realty Group LLC
Mls Name: Sanibel And Captiva Island AOR
Mls Provider:
Mls ID: #2250642
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.