900 S Emerald DrKey LargoFL33037
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 900 S Emerald Dr, Key Largo, FL, 33037 in Key Largo deserves attention. This $610,000 property earns $5,414/mo in rent, a 10.65% gross yield, and nets $923/mo after the $2,743/mo payment. DSCR 1.97 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $168,532 compounds alongside $5,618/yr in yearly equity build, for a total cumulative return of $320,404.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 7.5% |
| Monthly Cash Flow | $923 | $1,200 |
City averages based on Key Largo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,414 |
| Total Monthly Debt Service | $3,805 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1979
4,538 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33037, Key Largo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,705 (100%) |
| Owner Occupied HU | 4,666 (43.6%) |
| Renter Occupied HU | 1,622 (15.2%) |
| Vacant Housing Units | 4,417 (41.3%) |
| Median Home Value | $777,375 |
| Average Home Value | $1,018,328 |
Housing Distribution
Address Breakdown
Residential
8,579
Single Family
8,132
Multi-Family
447
Businesses
826
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
Single Family
Built in 1979
4,538 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33037, Key Largo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,705 (100%) |
| Owner Occupied HU | 4,666 (43.6%) |
| Renter Occupied HU | 1,622 (15.2%) |
| Vacant Housing Units | 4,417 (41.3%) |
| Median Home Value | $777,375 |
| Average Home Value | $1,018,328 |
Housing Distribution
Address Breakdown
Residential
8,579
Single Family
8,132
Multi-Family
447
Businesses
826
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices