827 E Gulf Dr UNIT K2SanibelFL33957
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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 Sanibel at 827 E Gulf Dr UNIT K2, Sanibel, FL, 33957 at $687,125 posts ROI 13.91% with from $3,401/mo rent. Total monthly income equals $3,401/mo. Return on cash invested measures 13.91% and rental yield reads 5.94% at the current $687,125. Equity gained on principal adds $4,434/yr, and 5% annual appreciation supports $189,840 by year five. Five-year ROI prints 71.24% and total cumulative return in cash totals $161,045. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,401/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1974
7,305 sqft 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
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