8 Kestral WayKey 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
Rental property for sale in Key West at 8 Kestral Way, Key West, FL, 33040 priced at $629,000 converts $4,628/mo rent into $453/mo cash flow after a $3,079/mo obligation. Total monthly income equals $4,628/mo, and annual cash flow totals $5,442/yr on $206,941 invested. Return on cash invested prints 22.69% in year one, and rental yield reads 8.83% against a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation compiles into $173,781 by year five. Five-year ROI reaches 118.32% and total cumulative return in cash sums $244,857. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,628/mo property income covering a $3,079/mo payment, not borrower’s personal income.
Townhouse
Built in 1998
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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