500 Burton Dr #1307TavernierFL33070
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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 Tavernier at 500 Burton Dr #1307, Tavernier, FL, 33070 uses $197,071 cash to close to unlock $4,001/yr annual cash flow and $333/mo monthly cash flow. Total monthly income runs $5,666/mo, and a $2,932/mo payment keeps the spread at $333/mo. Purchase price stands at $599,000, and rental yield measures 11.35% with $5,666/mo rent. Return on cash invested shows 22.09% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 118.1% and total cumulative return in cash records $232,750. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,666/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Condo
Built in 1991
69 Acres lot
$N/A/sqft
$4,072 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33070, Tavernier, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,604 (100%) |
| Owner Occupied HU | 2,074 (45.0%) |
| Renter Occupied HU | 790 (17.2%) |
| Vacant Housing Units | 1,740 (37.8%) |
| Median Home Value | $746,626 |
| Average Home Value | $890,624 |
Housing Distribution
Address Breakdown
Residential
3,403
Single Family
3,106
Multi-Family
297
Businesses
446
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Listed by: Tom Rodriguez • American Caribbean Real Estate, Christie's International Real Estate
Mls Name: FLKMLS
Mls Provider:
Mls ID: #608627
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.