1165 Lagoon DrSummerland KeyFL33042
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 Summerland Key at 1165 Lagoon Dr, Summerland Key, FL, 33042 at $1,999,900 posts ROI 6.35% with from $5,700/mo rent. Total monthly income equals $5,700/mo. Return on cash invested measures 6.35% and rental yield reads 3.42% at the current $1,999,900. Equity gained on principal adds $12,905/yr, and 5% annual appreciation supports $552,536 by year five. Five-year ROI prints 30.61% and total cumulative return in cash totals $198,360. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,700/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33042, Summerland Key, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,791 (100%) |
| Owner Occupied HU | 2,570 (53.6%) |
| Renter Occupied HU | 503 (10.5%) |
| Vacant Housing Units | 1,718 (35.9%) |
| Median Home Value | $754,079 |
| Average Home Value | $932,409 |
Housing Distribution
Address Breakdown
Residential
3,922
Single Family
3,921
Multi-Family
1
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leo Koski • The Keyes Company
Mls Name: FLKMLS
Mls Provider:
Mls ID: #615035
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.