106 Waters Way #106IslamoradaFL33036
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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 Islamorada at 106 Waters Way #106, Islamorada, FL, 33036 listed at $510,595 pairs $3,072/mo rent with a $2,499/mo payment. Total monthly income runs $3,072/mo. Return on cash invested measures 17.8% in year one, and rental yield registers 7.22% at a $510,595 basis. Equity gained on principal adds $3,295/yr, and annual property appreciation at 5% supports $141,068 by year five. Five-year ROI tracks 92.1% and total cumulative return in cash totals $154,714. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,072/mo property income relative to a $2,499/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33036, Islamorada, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,495 (100%) |
| Owner Occupied HU | 1,353 (38.7%) |
| Renter Occupied HU | 467 (13.4%) |
| Vacant Housing Units | 1,675 (47.9%) |
| Median Home Value | $989,443 |
| Average Home Value | $1,148,971 |
Housing Distribution
Address Breakdown
Residential
2,561
Single Family
2,019
Multi-Family
542
Businesses
395
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Listed by: N/A • Sun Homes
Mls Name: Sun Homes Manufactured
Mls Provider:
Mls ID: #N/A