1904 Staples AveKey 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 1904 Staples Ave, Key West, FL, 33040 uses $274,715 cash to close to unlock $16,293/yr annual cash flow and $1,358/mo monthly cash flow. Total monthly income runs $6,899/mo, and a $4,087/mo payment keeps the spread at $1,358/mo. Purchase price stands at $835,000, and rental yield measures 9.91% with $6,899/mo rent. Return on cash invested shows 25.99% in year one, and 5% annual appreciation builds toward $230,695 over five years. Five-year ROI reaches 136.01% and total cumulative return in cash records $373,636. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,899/mo property income covering a $4,087/mo payment rather than investor’s personal income.
Single Family
Built in 1948
3,049 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: Dawn M McComish • Lokation Real Estate
Mls Name: FLKMLS
Mls Provider:
Mls ID: #609865
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.