31048 Avenue JBig 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 31048 Avenue J, Big Pine Key, FL, 33043 uses $97,793 cash to close to unlock $11,919/yr annual cash flow and $993/mo monthly cash flow. Total monthly income runs $2,951/mo, and a $1,444/mo payment keeps the spread at $993/mo. Purchase price stands at $295,000, and rental yield measures 12% with $2,951/mo rent. Return on cash invested shows 32.1% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 168.81% and total cumulative return in cash records $165,086. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,951/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Manufactured
Built in 1967
4,791 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: #611685
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.