404 Porter Ln #16Key WestFL33040
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
Investment Highlights
Total monthly income runs $4,200/mo, and a $8,198/mo payment. Purchase price stands at $1,675,000, and rental yield measures 3.01% with $4,200/mo rent. Return on cash invested shows 5.08% in year one, and 5% annual appreciation builds toward $462,772 over five years. Five-year ROI reaches 23.82% and total cumulative return in cash records $129,258. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,200/mo property income covering a $8,198/mo payment rather than investor’s personal income.
Condo
Built in 1991
1,002 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices