2000 Coco Plum Dr APT 603MarathonFL33050
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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 2000 Coco Plum Dr APT 603, Marathon, FL, 33050 offers a 8.79% rental yield on a $449,000 purchase with $3,290/mo rent. Total monthly income registers $3,290/mo, and a $2,198/mo payment leaves $310/mo available for distribution. Annual cash flow reaches $3,720/yr on $148,844 to close, and return on cash invested stands at 22.41% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 116.82% and total cumulative return in cash at $173,872. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,290/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
0.94 Acres lot
$N/A/sqft
No 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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