121 Venetian DrLower Matecumbe KeyFL33036
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
Rental property for sale in Lower Matecumbe Key at 121 Venetian Dr, Lower Matecumbe Key, FL, 33036 offers $5,917/mo rent that, after a $7,826/mo payment. Total monthly income is $5,917/mo. Return on cash invested measures 9.5% in year one, and rental yield stands at 4.44% at a $1,599,000 entry. Equity gained on principal adds $10,318/yr while 5% annual appreciation compounds into $441,774 by year five. Five-year ROI records 47.52% and total cumulative return in cash reaches $246,169. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,917/mo property income versus a $7,826/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
6,969 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Raynel Palacios • TruRes Real Estate, Inc.
Mls Name: FLKMLS
Mls ID: #616881