220 W Indies RdTavernierFL33070
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 220 W Indies Rd, Tavernier, FL, 33070 in Tavernier: $5,056/mo in rent, $251/mo in net income, 8.38% gross yield, 1.55 DSCR, all at $724,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $200,028 in appreciation and $6,668/yr in principal paydown projects total cumulative return of $292,139.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $251 | $500 |
City averages based on Tavernier market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,056 |
| Total Monthly Debt Service | $4,517 |
| DSCR Ratio | 1.12x |
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.
Multi Family
Built in 1982
5,227 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
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
Multi Family
Built in 1982
5,227 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices