284 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 284 Orange Ave, Grassy Key, FL, 33050 priced at $994,900 pairs $9,708/mo rent with $3,105/mo cash flow after a $4,870/mo payment. Total monthly income equals $9,708/mo, and annual cash flow comes to $37,263/yr on $327,322 invested. Return on cash invested is 31.44% in year one, and rental yield stands at 11.71% on a $994,900 basis. Equity gained on principal adds $6,420/yr, and 5% annual appreciation accumulates to $274,873 by year five. Five-year ROI measures 165.26% and total cumulative return in cash reaches $540,934. For financing, Ziffy Mortgage’s DSCR program evaluates $9,708/mo property income against a $4,870/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
0.34 Acres 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: Patricia De la Torre • Waterfront Realty Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11629441
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.