206 Dove Lake DrKey LargoFL33070
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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
Rental property for sale in Key Largo at 206 Dove Lake Dr, Key Largo, FL, 33070 priced at $587,900 converts $4,632/mo rent into $731/mo cash flow after a $2,877/mo obligation. Total monthly income equals $4,632/mo, and annual cash flow totals $8,773/yr on $193,419 invested. Return on cash invested prints 24.6% in year one, and rental yield reads 9.45% against a $587,900 entry. Equity gained on principal adds $3,794/yr, while 5% annual appreciation compiles into $162,426 by year five. Five-year ROI reaches 128.55% and total cumulative return in cash sums $248,645. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,632/mo property income covering a $2,877/mo payment, not borrower’s personal income.
Single Family
Built in 1990
6,098 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
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