417 Pirates RdLittle Torch KeyFL33042
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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 Little Torch Key at 417 Pirates Rd, Little Torch Key, FL, 33042 priced at $1,200,000 converts $4,310/mo rent into after a $5,873/mo obligation. Total monthly income equals $4,310/mo. Return on cash invested prints 9.1% in year one, and rental yield reads 4.31% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 45.35% and total cumulative return in cash sums $176,327. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,310/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 2001
6,000 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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Nearby investment properties with comparable prices
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