1320 6th StKey WestFL33040
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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 West at 1320 6th St, Key West, FL, 33040 projects strong ROI of 2.38%. Rental yield 2.14%. With 5% annual appreciation, the property builds $676,890 in value over five years. Equity growth combined delivers a projected five-year ROI of 9.35%, translating into $74,233 in total cumulative return on $793,800 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in 1961
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33040, Key West, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,243 (100%) |
| Owner Occupied HU | 7,981 (41.5%) |
| Renter Occupied HU | 7,648 (39.7%) |
| Vacant Housing Units | 3,614 (18.8%) |
| Median Home Value | $838,960 |
| Average Home Value | $964,799 |
Housing Distribution
Address Breakdown
Residential
16,035
Single Family
13,799
Multi-Family
2,236
Businesses
1,840
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Listed by: The Dolson Group • Keller Williams Key West Compass Realty
Mls Name: FLKMLS
Mls Provider:
Mls ID: #610618
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.