437 Pirates RdLittle Torch KeyFL33042
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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 Little Torch Key at 437 Pirates Rd, Little Torch Key, FL, 33042 offers $6,454/mo rent that, after a $4,645/mo payment, leaves $156/mo cash flow. Total monthly income is $6,454/mo, and annual cash flow is $1,874/yr on $312,221 cash. Return on cash invested measures 20.66% in year one, and rental yield stands at 8.16% at a $949,000 entry. Equity gained on principal adds $6,124/yr while 5% annual appreciation compounds into $262,191 by year five. Five-year ROI records 107.44% and total cumulative return in cash reaches $335,448. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,454/mo property income versus a $4,645/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
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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Nearby investment properties with comparable prices
Listed by: Jo Ann Cook • Ocean Sotheby's International
Mls Name: FLKMLS
Mls ID: #617906