11195 W Biscayne Canal RdMiamiFL33161
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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 11195 W Biscayne Canal Rd, Miami, FL, 33161 offers $13,090/mo rent that, after a $6,167/mo payment, leaves $4,729/mo cash flow. Total monthly income is $13,090/mo, and annual cash flow is $56,742/yr on $408,240 cash. Return on cash invested measures 34.27% in year one, and rental yield stands at 12.47% at a $1,260,000 entry. Equity gained on principal adds $8,131/yr while 5% annual appreciation compounds into $348,115 by year five. Five-year ROI records 180.35% and total cumulative return in cash reaches $736,257. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $13,090/mo property income versus a $6,167/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33161, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,055 (100%) |
| Owner Occupied HU | 7,835 (39.1%) |
| Renter Occupied HU | 10,594 (52.8%) |
| Vacant Housing Units | 1,626 ( 8.1%) |
| Median Home Value | $506,588 |
| Average Home Value | $542,699 |
Housing Distribution
Address Breakdown
Residential
17,553
Single Family
10,194
Multi-Family
7,359
Businesses
1,270
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Listed by: Darnell Aponte • Keller Williams Legacy
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11630817
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.