1200 Euclid Ave APT 208Miami BeachFL33139
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 Miami Beach at 1200 Euclid Ave APT 208, Miami Beach, FL, 33139 uses $81,218 cash to close to unlock $267/yr annual cash flow and $22/mo monthly cash flow. Total monthly income runs $1,648/mo, and a $1,199/mo payment keeps the spread at $22/mo. Purchase price stands at $245,000, and rental yield measures 8.07% with $1,648/mo rent. Return on cash invested shows 20.24% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 105.23% and total cumulative return in cash records $85,464. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,648/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Condo
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33139, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,073 (100%) |
| Owner Occupied HU | 8,020 (26.7%) |
| Renter Occupied HU | 13,441 (44.7%) |
| Vacant Housing Units | 8,612 (28.6%) |
| Median Home Value | $757,323 |
| Average Home Value | $1,011,532 |
Housing Distribution
Address Breakdown
Residential
27,623
Single Family
3,294
Multi-Family
24,329
Businesses
2,457
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Bertocci • Splash Realty
Mls Name: MIAMI
Mls ID: #A11847579