351 46th StMarathonFL33050
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Marathon at 351 46th St, Marathon, FL, 33050 priced at $325,000 converts $2,898/mo rent into $725/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,898/mo, and annual cash flow totals $8,697/yr on $107,738 invested. Return on cash invested prints 27.98% in year one, and rental yield reads 10.7% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 146.78% and total cumulative return in cash sums $158,137. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,898/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Manufactured
Built in 1993
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Team/ Wilkinson • Key to the Keys Real Estate, Inc
Mls Name: FLKMLS
Mls Provider:
Mls ID: #610518
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.