97501 Overseas Hwy UNIT 202Key LargoFL33037
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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 Key Largo at 97501 Overseas Hwy UNIT 202, Key Largo, FL, 33037 listed at $1,100,000 pairs $11,302/mo rent with a $5,384/mo payment to leave $1,436/mo cash flow. Total monthly income runs $11,302/mo, and annual cash flow reaches $17,226/yr on $356,400 cash to close. Return on cash invested measures 25.2% in year one, and rental yield registers 12.33% at a $1,100,000 basis. Equity gained on principal adds $7,098/yr, and annual property appreciation at 5% supports $303,910 by year five. Five-year ROI tracks 134.87% and total cumulative return in cash totals $480,679. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $11,302/mo property income relative to a $5,384/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2001
N/A lot
$N/A/sqft
$7,700 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33037, Key Largo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,705 (100%) |
| Owner Occupied HU | 4,666 (43.6%) |
| Renter Occupied HU | 1,622 (15.2%) |
| Vacant Housing Units | 4,417 (41.3%) |
| Median Home Value | $777,375 |
| Average Home Value | $1,018,328 |
Housing Distribution
Address Breakdown
Residential
8,579
Single Family
8,132
Multi-Family
447
Businesses
826
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Listed by: Kevin Gonzalez • Floridian First Realty Corp
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11634162
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.