29544 Independence AveBig 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 29544 Independence Ave, Big Pine Key, FL, 33043 listed at $949,900 pairs $3,942/mo rent with a $4,649/mo payment. Total monthly income runs $3,942/mo. Return on cash invested measures 10.99% in year one, and rental yield registers 4.98% at a $949,900 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,440 by year five. Five-year ROI tracks 55.59% and total cumulative return in cash totals $173,730. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,942/mo property income relative to a $4,649/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
7,500 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: Rose M Dell • Keller Williams Key West Compass Realty
Mls Name: FLKMLS
Mls Provider:
Mls ID: #611816
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.