84 Johnston Ave #1IslamoradaFL33036
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSteady, low-maintenance, and fundable: 84 Johnston Ave #1, Islamorada, FL, 33036 in Islamorada at $1,750,000. Rental yield 8.04%. The 8.04% yield and 1.49 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $483,493 by year five, and $16,118/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $611,806.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.0% |
| Monthly Cash Flow | $(928) | $1,500 |
City averages based on Islamorada market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $11,730 |
| Total Monthly Debt Service | $11,962 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2016
841 sqft lot
$N/A/sqft
$1,045 monthly 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
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
Townhouse
Built in 2016
841 sqft lot
$N/A/sqft
$1,045 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices