98422 Windward AveKey LargoFL33037
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
Investment Highlights
Investment property for sale in Key Largo at 98422 Windward Ave, Key Largo, FL, 33037 offers a 10.83% rental yield on a $429,000 purchase with $3,870/mo rent. Total monthly income registers $3,870/mo, and a $2,100/mo payment leaves $1,023/mo available for distribution. Annual cash flow reaches $12,274/yr on $142,214 to close, and return on cash invested stands at 28.54% in year one. Equity gained on principal adds $2,768/yr while 5% annual appreciation supports $118,525 over five years. Portfolio math shows five-year ROI at 149.71% and total cumulative return in cash at $212,905. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,870/mo property income against a $2,100/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A 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