110 S Shore Dr UNIT 4EMiami BeachFL33141
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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
Rental property for sale in Miami Beach at 110 S Shore Dr UNIT 4E, Miami Beach, FL, 33141 priced at $319,000 converts $2,805/mo rent into $15/mo cash flow after a $1,561/mo obligation. Total monthly income equals $2,805/mo, and annual cash flow totals $185/yr on $105,749 invested. Return on cash invested prints 20.08% in year one, and rental yield reads 10.55% against a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,134 by year five. Five-year ROI reaches 107.16% and total cumulative return in cash sums $113,317. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,805/mo property income covering a $1,561/mo payment, not borrower’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$673 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33141, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,647 (100%) |
| Owner Occupied HU | 5,969 (28.9%) |
| Renter Occupied HU | 10,920 (52.9%) |
| Vacant Housing Units | 3,758 (18.2%) |
| Median Home Value | $621,879 |
| Average Home Value | $886,355 |
Housing Distribution
Address Breakdown
Residential
20,267
Single Family
3,242
Multi-Family
17,025
Businesses
799
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Listed by: Diane Israel • Nation Realty Services LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10477928
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.