10477 SW 108th Ave #226MiamiFL33176
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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 10477 SW 108th Ave #226, Miami, FL, 33176 uses $82,875 cash to close to unlock $991/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $1,742/mo, and a $1,224/mo payment keeps the spread at $83/mo. Purchase price stands at $250,000, and rental yield measures 8.36% with $1,742/mo rent. Return on cash invested shows 21.1% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 109.85% and total cumulative return in cash records $91,042. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,742/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33176, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,588 (100%) |
| Owner Occupied HU | 12,744 (68.6%) |
| Renter Occupied HU | 5,081 (27.3%) |
| Vacant Housing Units | 763 ( 4.1%) |
| Median Home Value | $656,787 |
| Average Home Value | $712,741 |
Housing Distribution
Address Breakdown
Residential
19,637
Single Family
15,040
Multi-Family
4,597
Businesses
1,561
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