1025 92nd St #804Bay 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
Investment property for sale in Bay Harbor Islands at 1025 92nd St #804, Bay Harbor Islands, FL, 33154 uses $236,880 cash to close to unlock $17,256/yr annual cash flow and $1,438/mo monthly cash flow. Total monthly income runs $6,216/mo, and a $3,524/mo payment keeps the spread at $1,438/mo. Purchase price stands at $720,000, and rental yield measures 10.36% with $6,216/mo rent. Return on cash invested shows 27.34% in year one, and 5% annual appreciation builds toward $198,923 over five years. Five-year ROI reaches 143.27% and total cumulative return in cash records $339,379. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,216/mo property income covering a $3,524/mo payment rather than investor’s personal income.
Condo
Built in 2015
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: William Henderson III • Coldwell Banker Realty
Mls Name: MIAMI
Mls ID: #A11836787