50 7th StKey Colony BeachFL33051
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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 Key Colony Beach at 50 7th St, Key Colony Beach, FL, 33051 priced at $1,589,000 converts $5,323/mo rent into after a $7,777/mo obligation. Total monthly income equals $5,323/mo. Return on cash invested prints 8.2% in year one, and rental yield reads 4.02% against a $1,589,000 entry. Equity gained on principal adds $10,254/yr, while 5% annual appreciation compiles into $439,011 by year five. Five-year ROI reaches 40.55% and total cumulative return in cash sums $208,770. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,323/mo property income covering a $7,777/mo payment, not borrower’s personal income.
Single Family
Built in 1959
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33051, Key Colony Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,012 (100%) |
| Owner Occupied HU | 331 (32.7%) |
| Renter Occupied HU | 99 ( 9.8%) |
| Vacant Housing Units | 582 (57.5%) |
| Median Home Value | $1,077,273 |
| Average Home Value | $1,182,613 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
43
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Nearby investment properties with comparable prices
Listed by: Frank Griffiths • Lokation Real Estate
Mls Name: FLKMLS
Mls ID: #617225