9203 Griggs Rd UNIT B102EnglewoodFL34224
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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 Englewood at 9203 Griggs Rd UNIT B102, Englewood, FL, 34224 offers a 7.67% rental yield on a $584,777 purchase with $3,736/mo rent. 16% in year one. Equity gained on principal adds $3,773/yr while 5% annual appreciation supports $161,563 over five years. Portfolio math shows five-year ROI at 99.38% and total cumulative return in cash at $191,204. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,736/mo property income against a $2,862/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
2,065 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34224, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,443 (100%) |
| Owner Occupied HU | 7,238 (63.3%) |
| Renter Occupied HU | 1,486 (13.0%) |
| Vacant Housing Units | 2,719 (23.8%) |
| Median Home Value | $365,183 |
| Average Home Value | $399,158 |
Housing Distribution
Address Breakdown
Residential
10,796
Single Family
9,338
Multi-Family
1,458
Businesses
527
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