31033 Hibiscus DrBig 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 31033 Hibiscus Dr, Big Pine Key, FL, 33043 uses $258,265 cash to close to unlock $16,773/yr annual cash flow and $1,398/mo monthly cash flow. Total monthly income runs $6,607/mo, and a $3,842/mo payment keeps the spread at $1,398/mo. Purchase price stands at $785,000, and rental yield measures 10.1% with $6,607/mo rent. Return on cash invested shows 26.55% in year one, and 5% annual appreciation builds toward $216,881 over five years. Five-year ROI reaches 139.03% and total cumulative return in cash records $359,078. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,607/mo property income covering a $3,842/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.25 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: #618175