254 Orange AveGrassy KeyFL33050
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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
Rental property for sale in Grassy Key at 254 Orange Ave, Grassy Key, FL, 33050 priced at $549,900 converts $4,354/mo rent into $705/mo cash flow after a $2,691/mo obligation. Total monthly income equals $4,354/mo, and annual cash flow totals $8,463/yr on $180,917 invested. Return on cash invested prints 24.74% in year one, and rental yield reads 9.5% against a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation compiles into $151,927 by year five. Five-year ROI reaches 129.3% and total cumulative return in cash sums $233,930. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,354/mo property income covering a $2,691/mo payment, not borrower’s personal income.
Single Family
Built in 2000
7,500 sqft 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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Listed by: Jennifer Hamill • Coldwell Banker Schmitt Real Estate Co.
Mls Name: FLKMLS
Mls ID: #616144