11435 SW 109th Rd #46DMiamiFL33176
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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 11435 SW 109th Rd #46D, Miami, FL, 33176 generates $5,383/mo in rent and, after a $2,007/mo payment, leaves $2,051/mo in cash flow. Total monthly income is $5,383/mo, and annual cash flow is $24,614/yr on $135,915 invested. Return on cash invested sits at 38.02% in year one, and rental yield is 15.76% on a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 202.51% and total cumulative return in cash sums $275,243. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,383/mo property income rather than buyer’s personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
$497 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33176, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,588 (100%) |
| Owner Occupied HU | 12,744 (68.6%) |
| Renter Occupied HU | 5,081 (27.3%) |
| Vacant Housing Units | 763 ( 4.1%) |
| Median Home Value | $656,787 |
| Average Home Value | $712,741 |
Housing Distribution
Address Breakdown
Residential
19,637
Single Family
15,040
Multi-Family
4,597
Businesses
1,561
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Listed by: Rose Thompson • High Equity Realty, Inc.
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10458517
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2024 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.