416 Petronia St APT 4Key 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 416 Petronia St APT 4, Key West, FL, 33040 earns $208/mo cash flow from $4,783/mo rent with a $2,932/mo payment. Total monthly income totals $4,783/mo, and annual cash flow totals $2,493/yr on $197,071 capital. ROI tracks 21.33% on current figures, and rental yield reads 9.58% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 112.32% and total cumulative return in cash sums $221,350. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,783/mo property income instead of your personal income.
Condo
Built in 1928
N/A lot
$N/A/sqft
$600 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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Listed by: Walt Lee • Berkshire Hathaway Knight & Gardner
Mls Name: FLKMLS
Mls Provider:
Mls ID: #610905
Disclaimer: MLS Internet Data Exchange (IDX) information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.