62900 Overseas HwyMarathonFL33050
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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 Marathon at 62900 Overseas Hwy, Marathon, FL, 33050 generates $6,480/mo in rent and, after a $4,058/mo payment, leaves $908/mo in cash flow. Total monthly income is $6,480/mo, and annual cash flow is $10,898/yr on $272,741 invested. Return on cash invested sits at 24.06% in year one, and rental yield is 9.38% on a $829,000 entry. Equity gained on principal adds $5,349/yr, while 5% annual appreciation builds toward $229,037 over five years. Five-year ROI reaches 125.76% and total cumulative return in cash sums $343,000. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,480/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
4,880 sqft lot
$N/A/sqft
$70 monthly 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: Sarah Jansik • LoKation
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11510305
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.