3312 Northside Dr APT 205Key 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 3312 Northside Dr APT 205, Key West, FL, 33040 earns $1,110/mo cash flow from $3,071/mo rent with a $886/mo payment. Total monthly income totals $3,071/mo, and annual cash flow totals $13,315/yr on $60,028 capital. ROI tracks 42.09% on current figures, and rental yield reads 20.35% at a $181,079 purchase. Equity gained on principal adds $1,168/yr, and 5% annual appreciation supports $50,029 over five years. Five-year ROI reaches 227.91% and total cumulative return in cash sums $136,807. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,071/mo property income instead of your personal income.
Condo
Built in 1980
3.27 Acres lot
$N/A/sqft
$760 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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