84745 Old Hwy #B1Windley KeyFL33036
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 84745 Old Hwy #B1, Windley Key, FL, 33036 in Windley Key worth study. Rental yield 5.86%. The 5.86% gross yield is below cash-flow benchmarks at $1,375,000, but 5% annual appreciation, adding $379,887 over five years, frames this as a capital growth position. Rent of $6,720/mo partially offsets the $6,183/mo payment. Ziffy Mortgage finances appreciation-play properties (1.09 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $369,326.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.0% |
| Monthly Cash Flow | $(2,705) | $1,200 |
City averages based on Windley Key market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,720 |
| Total Monthly Debt Service | $8,578 |
| DSCR Ratio | 0.78x |
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 2023
998.60 Acres 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
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 2023
998.60 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ernesto Portuondo • American Caribbean Real Estate, Christie's International Real Estate
Mls Name: FLKMLS
Mls ID: #618649