88500 Overseas Hwy APT 422TavernierFL33070
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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 88500 Overseas Hwy APT 422, Tavernier, FL, 33070 earns from $3,985/mo rent with a $3,304/mo payment. Total monthly income totals $3,985/mo. ROI tracks 12.28% on current figures, and rental yield reads 7.08% at a $675,000 purchase. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 over five years. Five-year ROI reaches 64.35% and total cumulative return in cash sums $142,911. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,985/mo property income instead of your personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$945 monthly 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: Jonelle Kop • Blue 9 Realty, Inc.
Mls Name: FLKMLS
Mls Provider:
Mls ID: #612604
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.