74 Pelican LnBig Pine KeyFL33043
Nearby investment properties with comparable rents
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 Big Pine Key at 74 Pelican Ln, Big Pine Key, FL, 33043 offers $4,037/mo rent that, after a $3,573/mo payment. Total monthly income is $4,037/mo. Return on cash invested measures 16.03% in year one, and rental yield stands at 6.64% at a $730,000 entry. Equity gained on principal adds $4,711/yr while 5% annual appreciation compounds into $201,686 by year five. Five-year ROI records 82.58% and total cumulative return in cash reaches $198,338. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,037/mo property income versus a $3,573/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33043, Big Pine Key, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,297 (100%) |
| Owner Occupied HU | 1,804 (54.7%) |
| Renter Occupied HU | 453 (13.7%) |
| Vacant Housing Units | 1,040 (31.5%) |
| Median Home Value | $634,941 |
| Average Home Value | $713,442 |
Housing Distribution
Address Breakdown
Residential
2,787
Single Family
2,735
Multi-Family
52
Businesses
301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yunior Molina PA • My Realty Group, LLC.
Mls Name: MIAMI
Mls ID: #A11942155