1000 W Island Blvd PH 9AventuraFL33160
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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 Aventura at 1000 W Island Blvd PH 9, Aventura, FL, 33160 priced at $1,759,000 pairs $14,378/mo rent with after a $8,609/mo payment. Total monthly income equals $14,378/mo. Return on cash invested is 19.27% in year one, and rental yield stands at 9.81% on a $1,759,000 basis. Equity gained on principal adds $11,351/yr, and 5% annual appreciation accumulates to $485,979 by year five. Five-year ROI measures 102.39% and total cumulative return in cash reaches $583,527. For financing, Ziffy Mortgage’s DSCR program evaluates $14,378/mo property income against a $8,609/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1990
N/A lot
$N/A/sqft
$3,227 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33160, North Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,783 (100%) |
| Owner Occupied HU | 11,722 (34.7%) |
| Renter Occupied HU | 9,418 (27.9%) |
| Vacant Housing Units | 12,643 (37.4%) |
| Median Home Value | $574,494 |
| Average Home Value | $785,897 |
Housing Distribution
Address Breakdown
Residential
30,347
Single Family
2,370
Multi-Family
27,977
Businesses
1,198
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Listed by: Janet Ben Zvi • One Sotheby's International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11555316
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.