48 Merganser LnKey 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 48 Merganser Ln, Key West, FL, 33040 with 5% annual appreciation on a $690,000 basis while $4,964/mo rent supports operations. Total monthly income totals $4,964/mo and a $3,377/mo payment preserves $385/mo for cash returns. Annual cash flow comes to $4,623/yr on $227,010 deployed, and return on cash invested reaches 22.1% in year one. Equity gained on principal adds $4,452/yr, and five-year appreciation sums $190,634 alongside rental yield of 8.63%. Five-year ROI measures 115.15% and total cumulative return in cash totals $261,392.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,964/mo property income versus a $3,377/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1995
1,306 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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