88181 Old Highway C Slip #44 & 50-7IslamoradaFL33036
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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 Islamorada at 88181 Old Highway C Slip #44 & 50-7, Islamorada, FL, 33036 listed at $1,775,000 pairs $7,548/mo rent with a $8,688/mo payment. Total monthly income runs $7,548/mo. Return on cash invested measures 6.97% in year one, and rental yield registers 5.1% at a $1,775,000 basis. Equity gained on principal adds $11,454/yr, and annual property appreciation at 5% supports $490,400 by year five. Five-year ROI tracks 35.59% and total cumulative return in cash totals $204,682. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,548/mo property income relative to a $8,688/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
$6,578 quarterly 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: KELLY K SHAW PA • American Caribbean Real Estate, Christie's International Real Estate
Mls Name: FLKMLS
Mls Provider:
Mls ID: #614241
Disclaimer: MLS Internet Data Exchange (IDX) information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.