11111 Biscayne Blvd #2DMiamiFL33181
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 at 11111 Biscayne Blvd #2D, Miami, FL, 33181 listed at $259,000 pairs $2,309/mo rent with a $1,268/mo payment. Total monthly income runs $2,309/mo. Return on cash invested measures 5.71% in year one, and rental yield registers 10.7% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 35.41% and total cumulative return in cash totals $30,400. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,309/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
N/A lot
$N/A/sqft
$1,473 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33181, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,248 (100%) |
| Owner Occupied HU | 3,662 (35.7%) |
| Renter Occupied HU | 5,585 (54.5%) |
| Vacant Housing Units | 1,001 ( 9.8%) |
| Median Home Value | $566,099 |
| Average Home Value | $739,800 |
Housing Distribution
Address Breakdown
Residential
10,082
Single Family
2,747
Multi-Family
7,335
Businesses
1,260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Italo Balbi • Cervera Real Estate Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11639624
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.