422 Amelia St #L6Key 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 $3,421/mo, and a $8,786/mo payment. Purchase price stands at $1,795,000, and rental yield measures 2.29% with $3,421/mo rent. Return on cash invested shows 2.85% in year one, and 5% annual appreciation builds toward $495,925 over five years. Five-year ROI reaches 11.86% and total cumulative return in cash records $68,989. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,421/mo property income covering a $8,786/mo payment rather than investor’s personal income.
Condo
Built in 1928
4,494 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