1075 93rd St APT 401Bay 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 401, Bay Harbor Islands, FL, 33154 earns $1,141/mo cash flow from $3,713/mo rent with a $1,897/mo payment. Total monthly income totals $3,713/mo, and annual cash flow totals $13,693/yr on $128,456 capital. ROI tracks 30.57% on current figures, and rental yield reads 11.5% at a $387,500 purchase. Equity gained on principal adds $2,500/yr, and 5% annual appreciation supports $107,059 over five years. Five-year ROI reaches 160.62% and total cumulative return in cash sums $206,331. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,713/mo property income instead of your personal income.
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: Cesar Serpa • Regis Realty Group, LLC
Mls Name: MIAMI
Mls ID: #A11834821