84961 Old Hwy LOT 17Windley KeyFL33036
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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
Investment property for sale in Windley Key at 84961 Old Hwy LOT 17, Windley Key, FL, 33036 uses $112,710 cash to close to unlock $12,310/yr annual cash flow and $1,026/mo monthly cash flow. Total monthly income runs $3,282/mo, and a $1,664/mo payment keeps the spread at $1,026/mo. Purchase price stands at $340,000, and rental yield measures 11.58% with $3,282/mo rent. Return on cash invested shows 30.83% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 162% and total cumulative return in cash records $182,586. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,282/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Manufactured
Built in 1980
1,064 sqft 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: Stanley Samy • Coldwell Banker Realty
Mls Name: MIAMI
Mls ID: #A11918457