79901 Overseas Hwy APT 218IslamoradaFL33036
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
Investment property for sale in Islamorada at 79901 Overseas Hwy APT 218, Islamorada, FL, 33036 earns $1,496/mo cash flow from $4,482/mo rent with a $2,202/mo payment. Total monthly income totals $4,482/mo, and annual cash flow totals $17,957/yr on $149,142 capital. ROI tracks 31.95% on current figures, and rental yield reads 11.95% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 168% and total cumulative return in cash sums $250,558. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,482/mo property income instead of your personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33036, Islamorada, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,495 (100%) |
| Owner Occupied HU | 1,353 (38.7%) |
| Renter Occupied HU | 467 (13.4%) |
| Vacant Housing Units | 1,675 (47.9%) |
| Median Home Value | $989,443 |
| Average Home Value | $1,148,971 |
Housing Distribution
Address Breakdown
Residential
2,561
Single Family
2,019
Multi-Family
542
Businesses
395
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Listed by: Andrea (Andi) Saylor • Realty One Group Engage the Keys
Mls Name: FLKMLS
Mls ID: #616424