101 11th Street Ocean LOT 15MarathonFL33050
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow101 11th Street Ocean LOT 15, Marathon, FL, 33050 in Marathon carries a 1.55 coverage ratio, rent of $3,474/mo is 1.55 times the $2,244/mo payment. Rental yield 10.42%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $499,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $137,865; total projected cumulative return: $125,627.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.0% |
| Monthly Cash Flow | $(227) | $1,500 |
City averages based on Marathon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,474 |
| Total Monthly Debt Service | $4,363 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2020
N/A lot
$N/A/sqft
$1,250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33050, Marathon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,703 (100%) |
| Owner Occupied HU | 3,114 (40.4%) |
| Renter Occupied HU | 1,731 (22.5%) |
| Vacant Housing Units | 2,858 (37.1%) |
| Median Home Value | $810,155 |
| Average Home Value | $1,034,655 |
Housing Distribution
Address Breakdown
Residential
6,022
Single Family
5,534
Multi-Family
488
Businesses
739
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
Single Family
Built in 2020
N/A lot
$N/A/sqft
$1,250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33050, Marathon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,703 (100%) |
| Owner Occupied HU | 3,114 (40.4%) |
| Renter Occupied HU | 1,731 (22.5%) |
| Vacant Housing Units | 2,858 (37.1%) |
| Median Home Value | $810,155 |
| Average Home Value | $1,034,655 |
Housing Distribution
Address Breakdown
Residential
6,022
Single Family
5,534
Multi-Family
488
Businesses
739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Rojewski • Century 21 Circle
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11623083
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.