1998 Overseas Hwy APT 33AMarathonFL33050
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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 Marathon at 1998 Overseas Hwy APT 33A, Marathon, FL, 33050 uses $206,448 cash to close to unlock $277/yr annual cash flow and $23/mo monthly cash flow. Total monthly income runs $5,474/mo, and a $3,071/mo payment keeps the spread at $23/mo. Purchase price stands at $627,500, and rental yield measures 10.47% with $5,474/mo rent. Return on cash invested shows 20.19% in year one, and 5% annual appreciation builds toward $173,367 over five years. Five-year ROI reaches 107.66% and total cumulative return in cash records $222,270. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,474/mo property income covering a $3,071/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$1,287 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33050, Marathon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,703 (100%) |
| Owner Occupied HU | 3,114 (40.4%) |
| Renter Occupied HU | 1,731 (22.5%) |
| Vacant Housing Units | 2,858 (37.1%) |
| Median Home Value | $810,155 |
| Average Home Value | $1,034,655 |
Housing Distribution
Address Breakdown
Residential
6,022
Single Family
5,534
Multi-Family
488
Businesses
739
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Listed by: Andres Moser • Keller Williams Realty Premier Properties
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11727199
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.