1075 93rd St APT 106Bay 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 1075 93rd St APT 106, Bay Harbor Islands, FL, 33154 listed at $290,000 pairs $2,718/mo rent with a $1,419/mo payment to leave $794/mo cash flow. Total monthly income runs $2,718/mo, and annual cash flow reaches $9,527/yr on $96,135 cash to close. Return on cash invested measures 29.82% in year one, and rental yield registers 11.25% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 156.56% and total cumulative return in cash totals $150,508. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,718/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1967
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: Miguel Negrete • GZI Real Estate Sales & Market
Mls Name: MIAMI
Mls ID: #A11953965