195 W Shore DrSummerland KeyFL33042
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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 Summerland Key at 195 W Shore Dr, Summerland Key, FL, 33042 priced at $925,000 converts $6,600/mo rent into $462/mo cash flow after a $4,527/mo obligation. Total monthly income equals $6,600/mo, and annual cash flow totals $5,544/yr on $304,325 invested. Return on cash invested prints 21.88% in year one, and rental yield reads 8.56% against a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation compiles into $255,560 by year five. Five-year ROI reaches 113.97% and total cumulative return in cash sums $346,849. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,600/mo property income covering a $4,527/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.29 Acres 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
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Listed by: Lisa H Ferringo • Coldwell Banker Schmitt Lower Keys (KW)
Mls Name: FLKMLS
Mls ID: #617998