1100 S Miami Ave #1706MiamiFL33131
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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 Miami at 1100 S Miami Ave #1706, Miami, FL, 33131 uses $139,230 cash to close to unlock $6,798/yr annual cash flow and $567/mo monthly cash flow. Total monthly income runs $3,354/mo, and a $2,056/mo payment keeps the spread at $567/mo. Purchase price stands at $420,000, and rental yield measures 9.58% with $3,354/mo rent. Return on cash invested shows 24.79% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 129.62% and total cumulative return in cash records $180,475. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,354/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Condo
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33131, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,011 (100%) |
| Owner Occupied HU | 5,504 (29.0%) |
| Renter Occupied HU | 9,843 (51.8%) |
| Vacant Housing Units | 3,664 (19.3%) |
| Median Home Value | $721,381 |
| Average Home Value | $849,940 |
Housing Distribution
Address Breakdown
Residential
17,448
Single Family
3
Multi-Family
17,445
Businesses
2,221
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