201 Coppitt Rd APT 204CKey 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 201 Coppitt Rd APT 204C, Key West, FL, 33040 uses $111,053 cash to close to unlock $18/yr annual cash flow and $2/mo monthly cash flow. Total monthly income runs $3,120/mo, and a $1,640/mo payment keeps the spread at $2/mo. Purchase price stands at $335,000, and rental yield measures 11.18% with $3,120/mo rent. Return on cash invested shows 19.93% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 107.03% and total cumulative return in cash records $118,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,120/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$895 monthly 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: Krysten Naranjo • BrokerNation Real Estate
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11601680
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.