500 Burton Dr #3406TavernierFL33070
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 500 Burton Dr #3406, Tavernier, FL, 33070 in Tavernier at $729,000, 5.02% gross yield, is a market-growth asset. Rental yield 5.02%. The $3,050/mo rent partially funds the $3,278/mo debt service; the core return is the 5%/yr price growth projected to add $201,409 over five years. Ziffy Mortgage's DSCR mortgage (0.93) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $79,077.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 6.2% |
| Monthly Cash Flow | $(3,183) | $500 |
City averages based on Tavernier market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,050 |
| Total Monthly Debt Service | $5,943 |
| DSCR Ratio | 0.51x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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.