120 Peace AveTavernierFL33070
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 120 Peace Ave, Tavernier, FL, 33070 in Tavernier: $6,600/mo in rent, $1,032/mo in net income, 9.44% gross yield, 1.75 DSCR, all at $839,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $231,800 in appreciation and $7,727/yr in principal paydown projects total cumulative return of $386,182.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $1,032 | $500 |
City averages based on Tavernier market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,600 |
| Total Monthly Debt Service | $5,234 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2020
6,831 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33070, Tavernier, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,604 (100%) |
| Owner Occupied HU | 2,074 (45.0%) |
| Renter Occupied HU | 790 (17.2%) |
| Vacant Housing Units | 1,740 (37.8%) |
| Median Home Value | $746,626 |
| Average Home Value | $890,624 |
Housing Distribution
Address Breakdown
Residential
3,403
Single Family
3,106
Multi-Family
297
Businesses
446
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
Single Family
Built in 2020
6,831 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33070, Tavernier, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,604 (100%) |
| Owner Occupied HU | 2,074 (45.0%) |
| Renter Occupied HU | 790 (17.2%) |
| Vacant Housing Units | 1,740 (37.8%) |
| Median Home Value | $746,626 |
| Average Home Value | $890,624 |
Housing Distribution
Address Breakdown
Residential
3,403
Single Family
3,106
Multi-Family
297
Businesses
446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Rodriguez • Real Estate Sales Force
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11691266
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.