500 Burton Dr #3406TavernierFL33070
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
Investment property for sale in Tavernier at 500 Burton Dr #3406, Tavernier, FL, 33070 offers a 5.02% rental yield on a $729,000 purchase with $3,050/mo rent. 13% in year one. Equity gained on principal adds $4,704/yr while 5% annual appreciation supports $201,409 over five years. Portfolio math shows five-year ROI at 21.33% and total cumulative return in cash at $51,168. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,050/mo property income against a $3,568/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1991
69 Acres lot
$N/A/sqft
$4,186 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tom Rodriguez • American Caribbean Real Estate, Christie's International Real Estate
Mls Name: FLKMLS
Mls Provider:
Mls ID: #612537
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.