27417 Tobago 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 27417 Tobago Ln, Ramrod Key, FL, 33042 earns from $4,226/mo rent with a $5,869/mo payment. Total monthly income totals $4,226/mo. ROI tracks 8.84% on current figures, and rental yield reads 4.23% at a $1,199,000 purchase. Equity gained on principal adds $7,737/yr, and 5% annual appreciation supports $331,262 over five years. Five-year ROI reaches 44.01% and total cumulative return in cash sums $170,949. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,226/mo property income instead of your personal income.
Single Family
Built in 2010
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: Sandra Tuttle • Island Welcome Real Estate
Mls Name: FLKMLS
Mls ID: #616242