11925 NE 2nd Ave #B309North MiamiFL33161
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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 North Miami at 11925 NE 2nd Ave #B309, North Miami, FL, 33161 earns $142/mo cash flow from $1,137/mo rent with a $734/mo payment. Total monthly income totals $1,137/mo, and annual cash flow totals $1,703/yr on $49,692 capital. ROI tracks 23.34% on current figures, and rental yield reads 9.1% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 121.83% and total cumulative return in cash sums $60,539. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,137/mo property income instead of your personal income.
Condo
Built in 1974
N/A 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: Susie Raduenz • Miami Connections Realty LLC
Mls Name: MIAMI
Mls ID: #A11870922