1000 Quayside Ter APT 811MiamiFL33138
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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 Miami at 1000 Quayside Ter APT 811, Miami, FL, 33138 offers a 15.95% rental yield on a $548,000 purchase with $7,285/mo rent. Total monthly income registers $7,285/mo, and a $2,682/mo payment leaves $2,794/mo available for distribution. Annual cash flow reaches $33,530/yr on $180,292 to close, and return on cash invested stands at 38.66% in year one. Equity gained on principal adds $3,536/yr while 5% annual appreciation supports $151,402 over five years. Portfolio math shows five-year ROI at 206.02% and total cumulative return in cash at $371,442. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,285/mo property income against a $2,682/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
N/A lot
$N/A/sqft
$838 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33138, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,187 (100%) |
| Owner Occupied HU | 6,036 (42.5%) |
| Renter Occupied HU | 6,547 (46.1%) |
| Vacant Housing Units | 1,604 (11.3%) |
| Median Home Value | $787,542 |
| Average Home Value | $876,524 |
Housing Distribution
Address Breakdown
Residential
12,785
Single Family
6,848
Multi-Family
5,937
Businesses
1,269
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Listed by: Oreste Leccese Guerrero • Xfera Realty Group, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11585435
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.