1050 93rd St APT 6FBay 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 1050 93rd St APT 6F, Bay Harbor Islands, FL, 33154 earns $975/mo cash flow from $3,895/mo rent with a $2,154/mo payment. Total monthly income totals $3,895/mo, and annual cash flow totals $11,696/yr on $145,860 capital. ROI tracks 27.93% on current figures, and rental yield reads 10.62% at a $440,000 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 over five years. Five-year ROI reaches 146.42% and total cumulative return in cash sums $213,574. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,895/mo property income instead of your personal income.
Condo
Built in 1973
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: James Wekselbaum • Grand Realty of America, Corp.
Mls Name: MIAMI
Mls ID: #A11838997