29188 Tulip LnBig Pine KeyFL33043
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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 Big Pine Key at 29188 Tulip Ln, Big Pine Key, FL, 33043 offers a 10.05% rental yield on a $645,000 purchase with $5,400/mo rent. Total monthly income registers $5,400/mo, and a $3,157/mo payment leaves $1,120/mo available for distribution. Annual cash flow reaches $13,435/yr on $212,205 to close, and return on cash invested stands at 26.39% in year one. Equity gained on principal adds $4,162/yr while 5% annual appreciation supports $178,202 over five years. Portfolio math shows five-year ROI at 138.17% and total cumulative return in cash at $293,200. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,400/mo property income against a $3,157/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
4,867 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33043, Big Pine Key, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,297 (100%) |
| Owner Occupied HU | 1,804 (54.7%) |
| Renter Occupied HU | 453 (13.7%) |
| Vacant Housing Units | 1,040 (31.5%) |
| Median Home Value | $634,941 |
| Average Home Value | $713,442 |
Housing Distribution
Address Breakdown
Residential
2,787
Single Family
2,735
Multi-Family
52
Businesses
301
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Listed by: Steven Koleno • Beycome of Florida, LLC
Mls Name: FLKMLS
Mls ID: #616933