10851 SW 2nd St APT K111SweetwaterFL33174
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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 Sweetwater at 10851 SW 2nd St APT K111, Sweetwater, FL, 33174 offers a 11.62% rental yield on a $328,900 purchase with $3,185/mo rent. Total monthly income registers $3,185/mo, and a $1,610/mo payment leaves $1,002/mo available for distribution. Annual cash flow reaches $12,026/yr on $109,030 to close, and return on cash invested stands at 30.94% in year one. Equity gained on principal adds $2,122/yr while 5% annual appreciation supports $90,869 over five years. Portfolio math shows five-year ROI at 162.61% and total cumulative return in cash at $177,289. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,185/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33174, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,104 (100%) |
| Owner Occupied HU | 5,673 (51.1%) |
| Renter Occupied HU | 4,389 (39.5%) |
| Vacant Housing Units | 1,042 ( 9.4%) |
| Median Home Value | $466,008 |
| Average Home Value | $516,298 |
Housing Distribution
Address Breakdown
Residential
10,524
Single Family
6,966
Multi-Family
3,558
Businesses
874
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Listed by: Rene Mora • Miami New Realty
Mls Name: MIAMI
Mls ID: #A11835757