1100 Alton Rd APT 5DMiami BeachFL33139
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
Investment property for sale in Miami Beach at 1100 Alton Rd APT 5D, Miami Beach, FL, 33139 uses $94,478 cash to close to unlock $306/yr annual cash flow and $25/mo monthly cash flow. Total monthly income runs $2,582/mo, and a $1,395/mo payment keeps the spread at $25/mo. Purchase price stands at $285,000, and rental yield measures 10.87% with $2,582/mo rent. Return on cash invested shows 20.23% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 108.25% and total cumulative return in cash records $102,270. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,582/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
$578 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33139, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,073 (100%) |
| Owner Occupied HU | 8,020 (26.7%) |
| Renter Occupied HU | 13,441 (44.7%) |
| Vacant Housing Units | 8,612 (28.6%) |
| Median Home Value | $757,323 |
| Average Home Value | $1,011,532 |
Housing Distribution
Address Breakdown
Residential
27,623
Single Family
3,294
Multi-Family
24,329
Businesses
2,457
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Antonio Baldo • Keller Williams Miami Beach
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11703159
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.