744 Jungle Queen WayLongboat KeyFL34228
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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
Rental property for sale in Longboat Key at 744 Jungle Queen Way, Longboat Key, FL, 34228 offers $4,410/mo rent that, after a $5,873/mo payment. Total monthly income is $4,410/mo. Return on cash invested measures 9.4% in year one, and rental yield stands at 4.41% at a $1,200,000 entry. Equity gained on principal adds $7,743/yr while 5% annual appreciation compounds into $331,538 by year five. Five-year ROI records 47% and total cumulative return in cash reaches $182,747. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,410/mo property income versus a $5,873/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34228, Longboat Key, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,771 (100%) |
| Owner Occupied HU | 3,972 (40.7%) |
| Renter Occupied HU | 313 ( 3.2%) |
| Vacant Housing Units | 5,486 (56.1%) |
| Median Home Value | $1,019,900 |
| Average Home Value | $1,229,149 |
Housing Distribution
Address Breakdown
Residential
8,135
Single Family
2,822
Multi-Family
5,313
Businesses
342
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Listed by: Teddi Aberle • YOUR HOMETOWN REALTY, INC.
Mls Name: Stellar MLS
Mls ID: #TB8463320