11780 SW 18th St APT 321-2MiamiFL33175
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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 11780 SW 18th St APT 321-2, Miami, FL, 33175 uses $61,493 cash to close to unlock $3,035/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $1,484/mo, and a $908/mo payment keeps the spread at $253/mo. Purchase price stands at $185,500, and rental yield measures 9.6% with $1,484/mo rent. Return on cash invested shows 24.84% in year one, and 5% annual appreciation builds toward $51,250 over five years. Five-year ROI reaches 129.89% and total cumulative return in cash records $79,875. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,484/mo property income covering a $908/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33175, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,617 (100%) |
| Owner Occupied HU | 13,266 (79.8%) |
| Renter Occupied HU | 3,162 (19.0%) |
| Vacant Housing Units | 189 ( 1.1%) |
| Median Home Value | $548,994 |
| Average Home Value | $596,120 |
Housing Distribution
Address Breakdown
Residential
17,380
Single Family
14,605
Multi-Family
2,775
Businesses
888
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