87200 Overseas Hwy APT Q1Plantation 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 Plantation Key at 87200 Overseas Hwy APT Q1, Plantation Key, FL, 33036 listed at $569,500 pairs $8,236/mo rent with a $2,787/mo payment to leave $3,157/mo cash flow. Total monthly income runs $8,236/mo, and annual cash flow reaches $37,885/yr on $187,366 cash to close. Return on cash invested measures 40.28% in year one, and rental yield registers 17.35% at a $569,500 basis. Equity gained on principal adds $3,675/yr, and annual property appreciation at 5% supports $157,342 by year five. Five-year ROI tracks 215.67% and total cumulative return in cash totals $404,100. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,236/mo property income relative to a $2,787/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
N/A lot
$N/A/sqft
$1,300 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
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Listed by: Jessica Hyde • The RE Society
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11632947
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.