11960 NE 19th Dr APT 17North MiamiFL33181
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 North Miami at 11960 NE 19th Dr APT 17, North Miami, FL, 33181 earns $378/mo cash flow from $3,005/mo rent with a $1,542/mo payment. Total monthly income totals $3,005/mo, and annual cash flow totals $4,541/yr on $104,419 capital. ROI tracks 24.26% on current figures, and rental yield reads 11.45% at a $314,990 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,026 over five years. Five-year ROI reaches 129% and total cumulative return in cash sums $134,702. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,005/mo property income instead of your personal income.
Condo
Built in 1962
N/A lot
$N/A/sqft
$500 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: Wellington Cunha • Luxe Properties
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11667500
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.