10370 SW 220th St APT 230MiamiFL33190
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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 Miami at 10370 SW 220th St APT 230, Miami, FL, 33190 uses $70,610 cash to close to unlock $8,112/yr annual cash flow and $676/mo monthly cash flow. Total monthly income runs $2,090/mo, and a $1,043/mo payment keeps the spread at $676/mo. Purchase price stands at $213,000, and rental yield measures 11.77% with $2,090/mo rent. Return on cash invested shows 31.4% in year one, and 5% annual appreciation builds toward $58,848 over five years. Five-year ROI reaches 165.1% and total cumulative return in cash records $116,577. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,090/mo property income covering a $1,043/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33190, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,214 (100%) |
| Owner Occupied HU | 3,053 (58.6%) |
| Renter Occupied HU | 2,032 (39.0%) |
| Vacant Housing Units | 129 ( 2.5%) |
| Median Home Value | $454,894 |
| Average Home Value | $482,663 |
Housing Distribution
Address Breakdown
Residential
5,476
Single Family
4,163
Multi-Family
1,313
Businesses
16
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