1121 Crandon Blvd APT D304Key BiscayneFL33149
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
Investment Highlights
Investment property for sale in Key Biscayne at 1121 Crandon Blvd APT D304, Key Biscayne, FL, 33149 earns from $4,174/mo rent with a $6,113/mo payment. Total monthly income totals $4,174/mo. ROI tracks 8.17% on current figures, and rental yield reads 4.01% at a $1,249,000 purchase. Equity gained on principal adds $8,060/yr, and 5% annual appreciation supports $345,076 over five years. Five-year ROI reaches 40.39% and total cumulative return in cash sums $163,451. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,174/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33149, Key Biscayne, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,033 (100%) |
| Owner Occupied HU | 3,641 (51.8%) |
| Renter Occupied HU | 1,563 (22.2%) |
| Vacant Housing Units | 1,829 (26.0%) |
| Median Home Value | $1,499,584 |
| Average Home Value | $1,511,145 |
Housing Distribution
Address Breakdown
Residential
6,713
Single Family
1,486
Multi-Family
5,227
Businesses
549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeannette Tapia • One Sotheby's Int'l Realty
Mls Name: MIAMI
Mls ID: #A11850074