27385 Saint Lucie LaneRamrod 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
Rental property for sale in Ramrod Key at 27385 Saint Lucie Lane, Ramrod Key, FL, 33042 generates $6,286/mo in rent, after a $9,300/mo payment. Total monthly income is $6,286/mo. Return on cash invested sits at 8.04% in year one, and rental yield is 3.97% on a $1,900,000 entry. Equity gained on principal adds $12,260/yr, while 5% annual appreciation builds toward $524,935 over five years. Five-year ROI reaches 39.71% and total cumulative return in cash sums $244,479. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,286/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
6,000 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: Amedeo Dom Belmonte • William Raveis Real Estate
Mls Name: BeachesMLS
Mls ID: #RX-11141078