9203 Griggs Rd UNIT D203EnglewoodFL34224
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 D203, Englewood, FL, 34224 earns $1,196/mo cash flow from $5,371/mo rent with a $3,079/mo payment. Total monthly income totals $5,371/mo, and annual cash flow totals $14,358/yr on $206,941 capital. ROI tracks 27% on current figures, and rental yield reads 10.25% at a $629,000 purchase. Equity gained on principal adds $4,059/yr, and 5% annual appreciation supports $173,781 over five years. Five-year ROI reaches 141.42% and total cumulative return in cash sums $292,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,371/mo property income instead of your personal income.
Condo
Built in 2005
2,060 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices