200 Wrenn St Ph 701TavernierFL33070
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 200 Wrenn St Ph 701, Tavernier, FL, 33070 in Tavernier deserves attention. This $999,988 property earns $9,185/mo in rent, a 11.02% gross yield, and nets $504/mo after the $4,497/mo payment. DSCR 2.04 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $276,278 compounds alongside $9,210/yr in yearly equity build, for a total cumulative return of $545,138.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.2% |
| Monthly Cash Flow | $504 | $500 |
City averages based on Tavernier market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,185 |
| Total Monthly Debt Service | $6,238 |
| DSCR Ratio | 1.47x |
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.
Condo
Built in 1975
N/A 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
Condo
Built in 1975
N/A 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