2600 Overseas Hwy #23MarathonFL33050
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2600 Overseas Hwy #23, Marathon, FL, 33050 in Marathon hard to pass up. The 12% gross yield on a $915,000 purchase results in $9,150/mo in rent and $1,243/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.22). Annual cash flow of $14,915, five-year appreciation of $252,798, and $8,427/yr in equity build-up combine for a projected total cumulative return of $436,746.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.0% |
| Monthly Cash Flow | $1,243 | $1,500 |
City averages based on Marathon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,150 |
| Total Monthly Debt Service | $7,543 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
$1,835 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
Nearby investment properties with comparable rents
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
Townhouse
Built in 2004
N/A lot
$N/A/sqft
$1,835 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices