360 W Shore DrSummerland KeyFL33042
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
Investment property for sale in Summerland Key at 360 W Shore Dr, Summerland Key, FL, 33042 at $795,000 posts ROI 22.82% with $602/mo cash flow from $5,878/mo rent. Total monthly income equals $5,878/mo, and annual cash flow records $7,228/yr on $261,555 to close. Return on cash invested measures 22.82% and rental yield reads 8.87% at the current $795,000. Equity gained on principal adds $5,130/yr, and 5% annual appreciation supports $219,644 by year five. Five-year ROI prints 119.04% and total cumulative return in cash totals $311,350.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,878/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33042, Summerland Key, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,791 (100%) |
| Owner Occupied HU | 2,570 (53.6%) |
| Renter Occupied HU | 503 (10.5%) |
| Vacant Housing Units | 1,718 (35.9%) |
| Median Home Value | $754,079 |
| Average Home Value | $932,409 |
Housing Distribution
Address Breakdown
Residential
3,922
Single Family
3,921
Multi-Family
1
Businesses
149
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Listed by: Brenda Ann Thomas • Island Welcome Real Estate
Mls Name: FLKMLS
Mls ID: #617776