285 Blackbeard RdLittle Torch KeyFL33042
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
Investment Highlights
Rental property for sale in Little Torch Key at 285 Blackbeard Rd, Little Torch Key, FL, 33042 generates $3,878/mo in rent, after a $5,384/mo payment. Total monthly income is $3,878/mo. Return on cash invested sits at 8.85% in year one, and rental yield is 4.23% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 44.04% and total cumulative return in cash sums $156,967. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,878/mo property income rather than buyer’s 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diane Corliss • Coldwell Banker Schmitt Lower Keys (KW)
Mls Name: FLKMLS
Mls Provider:
Mls ID: #612693
Disclaimer: MLS Internet Data Exchange (IDX) information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.