








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


Investment property for sale in Longboat Key at 821 Evergreen Way, Longboat Key, FL, 34228 earns $168/mo cash flow from $5,884/mo rent with a $3,519/mo payment. Total monthly income totals $5,884/mo, and annual cash flow totals $2,014/yr on $236,551 capital. ROI tracks 20.91% on current figures, and rental yield reads 9.82% at a $719,000 purchase. Equity gained on principal adds $4,640/yr, and 5% annual appreciation supports $198,646 over five years. Five-year ROI reaches 110.51% and total cumulative return in cash sums $261,413. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,884/mo property income instead of your personal income.
Townhouse
Built in 1991
3.12 Acres lot
$N/A/sqft
$903 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 |
|---|---|---|
| 2025-02-01 | Listed for sale | $719,000 |
| 2024-08-14 | Listing removed | N/A |
| 2024-05-21 | Listed for sale | $729,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $6904.20 | 5.94% | $366,025 | 10.00% |
| 2023-02-14 | $6517.23 | 21.48% | $332,750 | 10.00% |
| 2022-02-14 | $5365.07 | 13.94% | $302,500 | 10.00% |



Listed by: Mary Moore • WAGNER REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4638303
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