27332 Saint Martin LnRamrod KeyFL33042
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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 Ramrod Key at 27332 Saint Martin Ln, Ramrod Key, FL, 33042 earns $1,608/mo cash flow from $8,078/mo rent with a $4,772/mo payment. Total monthly income totals $8,078/mo, and annual cash flow totals $19,294/yr on $320,775 capital. ROI tracks 26.08% on current figures, and rental yield reads 9.94% at a $975,000 purchase. Equity gained on principal adds $6,292/yr, and 5% annual appreciation supports $269,375 over five years. Five-year ROI reaches 136.46% and total cumulative return in cash sums $437,727. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,078/mo property income instead of your personal income.
Single Family
Built in 1974
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33042, Summerland Key, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,791 (100%) |
| Owner Occupied HU | 2,570 (53.6%) |
| Renter Occupied HU | 503 (10.5%) |
| Vacant Housing Units | 1,718 (35.9%) |
| Median Home Value | $754,079 |
| Average Home Value | $932,409 |
Housing Distribution
Address Breakdown
Residential
3,922
Single Family
3,921
Multi-Family
1
Businesses
149
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Listed by: Mark Gable • Engel & Volkers Marathon
Mls Name: FLKMLS
Mls ID: #616513