538 Powell AveLittle 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
Investment property for sale in Little Torch Key at 538 Powell Ave, Little Torch Key, FL, 33042 with 5% annual appreciation on a $599,000 basis while $4,831/mo rent supports operations. Total monthly income totals $4,831/mo and a $2,932/mo payment preserves $856/mo for cash returns. Annual cash flow comes to $10,269/yr on $197,071 deployed, and return on cash invested reaches 25.27% in year one. Equity gained on principal adds $3,865/yr, and five-year appreciation sums $165,493 alongside rental yield of 9.68%. Five-year ROI measures 132.15% and total cumulative return in cash totals $260,434.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,831/mo property income versus a $2,932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
6,534 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: Sandra Tuttle • Island Welcome Real Estate
Mls Name: FLKMLS
Mls Provider:
Mls ID: #614568
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.