29850 Journeys End RdBig 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 29850 Journeys End Rd, Big Pine Key, FL, 33043 listed at $785,000 pairs $6,960/mo rent with a $3,842/mo payment to leave $1,751/mo cash flow. Total monthly income runs $6,960/mo, and annual cash flow reaches $21,009/yr on $258,265 cash to close. Return on cash invested measures 28.2% in year one, and rental yield registers 10.64% at a $785,000 basis. Equity gained on principal adds $5,065/yr, and annual property appreciation at 5% supports $216,881 by year five. Five-year ROI tracks 147.84% and total cumulative return in cash totals $381,806. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,960/mo property income relative to a $3,842/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
0.28 Acres 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: Karen A Haack • Coldwell Banker Schmitt RE Co.
Mls Name: FLKMLS
Mls ID: #616873