347 Guava AveGrassy KeyFL33050
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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
Rental property for sale in Grassy Key at 347 Guava Ave, Grassy Key, FL, 33050 priced at $475,000 pairs $5,339/mo rent with $2,187/mo cash flow after a $2,325/mo payment. Total monthly income equals $5,339/mo, and annual cash flow comes to $26,241/yr on $157,463 invested. Return on cash invested is 36.57% in year one, and rental yield stands at 13.49% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 192.79% and total cumulative return in cash reaches $303,571. For financing, Ziffy Mortgage’s DSCR program evaluates $5,339/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33050, Marathon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,703 (100%) |
| Owner Occupied HU | 3,114 (40.4%) |
| Renter Occupied HU | 1,731 (22.5%) |
| Vacant Housing Units | 2,858 (37.1%) |
| Median Home Value | $810,155 |
| Average Home Value | $1,034,655 |
Housing Distribution
Address Breakdown
Residential
6,022
Single Family
5,534
Multi-Family
488
Businesses
739
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Listed by: Leanne D Ruesch • Coldwell Banker Schmitt Real Estate Co.
Mls Name: FLKMLS
Mls ID: #616730