10000 Bay Harbor Terrace #404-ABay Harbor IslandsFL33154
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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 Bay Harbor Islands at 10000 Bay Harbor Terrace #404-A, Bay Harbor Islands, FL, 33154 generates $3,852/mo in rent and, after a $1,297/mo payment, leaves $1,485/mo in cash flow. Total monthly income is $3,852/mo, and annual cash flow is $17,816/yr on $87,848 invested. Return on cash invested sits at 40.19% in year one, and rental yield is 17.44% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 215.2% and total cumulative return in cash sums $189,051. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,852/mo property income rather than buyer’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
$467 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33154, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,688 (100%) |
| Owner Occupied HU | 4,150 (38.8%) |
| Renter Occupied HU | 2,441 (22.8%) |
| Vacant Housing Units | 4,097 (38.3%) |
| Median Home Value | $828,922 |
| Average Home Value | $1,117,481 |
Housing Distribution
Address Breakdown
Residential
9,173
Single Family
1,772
Multi-Family
7,401
Businesses
763
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Listed by: Marcello Fabian Fabbri • Concierge Properties LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #RX-11108556
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. 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.