398 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
Investment property for sale in Grassy Key at 398 Guava Ave, Grassy Key, FL, 33050 offers a 8.58% rental yield on a $785,000 purchase with $5,610/mo rent. Total monthly income registers $5,610/mo, and a $3,842/mo payment leaves $401/mo available for distribution. Annual cash flow reaches $4,809/yr on $258,265 to close, and return on cash invested stands at 21.92% in year one. Equity gained on principal adds $5,065/yr while 5% annual appreciation supports $216,881 over five years. Portfolio math shows five-year ROI at 114.2% and total cumulative return in cash at $294,926. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,610/mo property income against a $3,842/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
0.34 Acres 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: Kenny Matlock • No Nonsense Real Estate Branch Office
Mls Name: FLKMLS
Mls Provider:
Mls ID: #611676
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.