








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Longboat Key at 806 Bayport Way, Longboat Key, FL, 34228 priced at $549,000 pairs $5,131/mo rent with after a $2,687/mo payment. Total monthly income equals $5,131/mo. Return on cash invested is 16.61% in year one, and rental yield stands at 11.22% on a $549,000 basis. Equity gained on principal adds $3,543/yr, and 5% annual appreciation accumulates to $151,679 by year five. Five-year ROI measures 90.55% and total cumulative return in cash reaches $163,544. For financing, Ziffy Mortgage’s DSCR program evaluates $5,131/mo property income against a $2,687/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1981
N/A lot
$N/A/sqft
$1,928 monthly HOA
Neighborhood data shown for ZIP Code: 34228, Longboat Key, FL area.
| 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 |
Residential
8,135
Single Family
2,822
Multi-Family
5,313
Businesses
342
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Listed for sale | $549,000 |
| 2024-05-04 | Listing removed | N/A |
| 2024-03-26 | Listed for sale | $629,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-26 | N/A | N/A | $439,963 | 10.00% |
| 2023-12-26 | $5843.89 | 10.47% | $399,966 | 10.00% |
| 2022-12-26 | $5289.98 | 15.08% | $363,605 | 10.00% |



Listed by: April Green • DUNCAN REAL ESTATE, INC.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4628295
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