713 Emma St APT 1Key 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 713 Emma St APT 1, Key West, FL, 33040 listed at $1,115,000 pairs $3,893/mo rent with a $5,457/mo payment. Total monthly income runs $3,893/mo. Return on cash invested measures 8.72% in year one, and rental yield registers 4.19% at a $1,115,000 basis. Equity gained on principal adds $7,195/yr, and annual property appreciation at 5% supports $308,054 by year five. Five-year ROI tracks 43.37% and total cumulative return in cash totals $156,685. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,893/mo property income relative to a $5,457/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A 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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