10020 NW 9th Street Cir APT 203MiamiFL33172
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 Miami at 10020 NW 9th Street Cir APT 203, Miami, FL, 33172 offers a 10.82% rental yield on a $389,000 purchase with $3,508/mo rent. Total monthly income registers $3,508/mo, and a $1,904/mo payment leaves $424/mo available for distribution. Annual cash flow reaches $5,083/yr on $128,954 to close, and return on cash invested stands at 23.85% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 126.27% and total cumulative return in cash at $162,834. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,508/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
$404 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33172, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,611 (100%) |
| Owner Occupied HU | 7,597 (43.1%) |
| Renter Occupied HU | 9,290 (52.8%) |
| Vacant Housing Units | 724 ( 4.1%) |
| Median Home Value | $323,921 |
| Average Home Value | $406,612 |
Housing Distribution
Address Breakdown
Residential
16,288
Single Family
4,549
Multi-Family
11,739
Businesses
2,989
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: George Atick • Lifestyle International Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11837106
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.