10833 SW 62nd TerMiamiFL33173
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Miami at 10833 SW 62nd Ter, Miami, FL, 33173 generates $5,364/mo in rent and, after a $3,457/mo payment, leaves $677/mo in cash flow. Total monthly income is $5,364/mo, and annual cash flow is $8,122/yr on $232,373 invested. Return on cash invested sits at 23.56% in year one, and rental yield is 9.11% on a $706,300 entry. Equity gained on principal adds $4,558/yr, while 5% annual appreciation builds toward $195,138 over five years. Five-year ROI reaches 122.95% and total cumulative return in cash sums $285,698. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,364/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
8,842 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33173, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,465 (100%) |
| Owner Occupied HU | 8,950 (61.9%) |
| Renter Occupied HU | 5,005 (34.6%) |
| Vacant Housing Units | 510 ( 3.5%) |
| Median Home Value | $505,237 |
| Average Home Value | $589,121 |
Housing Distribution
Address Breakdown
Residential
12,420
Single Family
9,415
Multi-Family
3,005
Businesses
939
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices