1110 NW 1st St #413MiamiFL33128
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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 at 1110 NW 1st St #413, Miami, FL, 33128 generates $2,861/mo in rent and, after a $2,085/mo payment, leaves $34/mo in cash flow. Total monthly income is $2,861/mo, and annual cash flow is $409/yr on $141,219 invested. Return on cash invested sits at 20.2% in year one, and rental yield is 8.06% on a $426,000 entry. Equity gained on principal adds $2,749/yr, while 5% annual appreciation builds toward $117,696 over five years. Five-year ROI reaches 105.01% and total cumulative return in cash sums $148,291. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,861/mo property income rather than buyer’s personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33128, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,704 (100%) |
| Owner Occupied HU | 166 ( 3.5%) |
| Renter Occupied HU | 4,201 (89.3%) |
| Vacant Housing Units | 337 ( 7.2%) |
| Median Home Value | $407,547 |
| Average Home Value | $427,500 |
Housing Distribution
Address Breakdown
Residential
4,351
Single Family
697
Multi-Family
3,654
Businesses
402
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