2712 Harris 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
Rental property for sale in Key West at 2712 Harris Ave, Key West, FL, 33040 priced at $1,129,000 converts $4,949/mo rent into after a $5,526/mo obligation. Total monthly income equals $4,949/mo. Return on cash invested prints 12.03% in year one, and rental yield reads 5.26% against a $1,129,000 entry. Equity gained on principal adds $7,285/yr, while 5% annual appreciation compiles into $311,922 by year five. Five-year ROI reaches 61.07% and total cumulative return in cash sums $223,396. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,949/mo property income covering a $5,526/mo payment, not borrower’s personal income.
Single Family
Built in 1990
3,484 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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