110 Waters Way #110IslamoradaFL33036
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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 110 Waters Way #110, Islamorada, FL, 33036 listed at $485,200 pairs $6,619/mo rent with a $2,375/mo payment to leave $3,399/mo cash flow. Total monthly income runs $6,619/mo, and annual cash flow reaches $40,787/yr on $160,844 cash to close. Return on cash invested measures 45.27% in year one, and rental yield registers 16.37% at a $485,200 basis. Equity gained on principal adds $3,131/yr, and annual property appreciation at 5% supports $134,052 by year five. Five-year ROI tracks 239.4% and total cumulative return in cash totals $385,061. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,619/mo property income relative to a $2,375/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
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 • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A