219 Preston StIslamoradaFL33036
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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 Islamorada at 219 Preston St, Islamorada, FL, 33036 at $990,000 posts ROI 19.2% with from $6,336/mo rent. Total monthly income equals $6,336/mo. Return on cash invested measures 19.2% and rental yield reads 7.68% at the current $990,000. Equity gained on principal adds $6,388/yr, and 5% annual appreciation supports $273,519 by year five. Five-year ROI prints 99.58% and total cumulative return in cash totals $324,344. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,336/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1934
8,276 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
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Listed by: Patti Stanley • Coldwell Banker Schmitt Islamorada
Mls Name: FLKMLS
Mls ID: #617660