114 Cortez Dr #C1IslamoradaFL33036
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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 114 Cortez Dr #C1, Islamorada, FL, 33036 earns $1,735/mo cash flow from $7,878/mo rent with a $3,646/mo payment. Total monthly income totals $7,878/mo, and annual cash flow totals $20,816/yr on $245,072 capital. ROI tracks 28.55% on current figures, and rental yield reads 12.69% at a $744,900 purchase. Equity gained on principal adds $4,807/yr, and 5% annual appreciation supports $205,802 over five years. Five-year ROI reaches 151.89% and total cumulative return in cash sums $372,228. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,878/mo property income instead of your personal income.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
$1,200 monthly 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: Yoel Gonzalez • Saggio Realty, Inc.
Mls Name: FLKMLS
Mls Provider:
Mls ID: #610471
Disclaimer: MLS Internet Data Exchange (IDX) information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.