1693 Bayview DrLittle Torch 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
Rental property for sale in Little Torch Key at 1693 Bayview Dr, Little Torch Key, FL, 33042 priced at $585,000 pairs $4,914/mo rent with $1,032/mo cash flow after a $2,863/mo payment. Total monthly income equals $4,914/mo, and annual cash flow comes to $12,385/yr on $192,465 invested. Return on cash invested is 26.5% in year one, and rental yield stands at 10.08% on a $585,000 basis. Equity gained on principal adds $3,775/yr, and 5% annual appreciation accumulates to $161,625 by year five. Five-year ROI measures 138.74% and total cumulative return in cash reaches $267,018. For financing, Ziffy Mortgage’s DSCR program evaluates $4,914/mo property income against a $2,863/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1976
4,500 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: Ana Tey-Guerra • Trexy International Realty, Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11737514
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.