10110 W Bay Harbor Dr APT 4Bay 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 10110 W Bay Harbor Dr APT 4, Bay Harbor Islands, FL, 33154 generates $4,841/mo in rent, after a $4,234/mo payment. Total monthly income is $4,841/mo. Return on cash invested sits at 16.27% in year one, and rental yield is 6.72% on a $865,000 entry. Equity gained on principal adds $5,582/yr, while 5% annual appreciation builds toward $238,984 over five years. Five-year ROI reaches 83.87% and total cumulative return in cash sums $238,683. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,841/mo property income rather than buyer’s personal income.
Condo
Built in 1959
N/A lot
$N/A/sqft
No 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: Maria Jose Cardenas • Compass Florida, LLC
Mls Name: MIAMI
Mls ID: #A11896640