123 SW 113th Ave APT 104-9SweetwaterFL33174
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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 Sweetwater at 123 SW 113th Ave APT 104-9, Sweetwater, FL, 33174 generates $2,994/mo in rent and, after a $1,855/mo payment, leaves $132/mo in cash flow. Total monthly income is $2,994/mo, and annual cash flow is $1,586/yr on $125,639 invested. Return on cash invested sits at 21.17% in year one, and rental yield is 9.48% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 111.43% and total cumulative return in cash sums $140,003. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,994/mo property income rather than buyer’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33174, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,104 (100%) |
| Owner Occupied HU | 5,673 (51.1%) |
| Renter Occupied HU | 4,389 (39.5%) |
| Vacant Housing Units | 1,042 ( 9.4%) |
| Median Home Value | $466,008 |
| Average Home Value | $516,298 |
Housing Distribution
Address Breakdown
Residential
10,524
Single Family
6,966
Multi-Family
3,558
Businesses
874
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Listed by: Ana Crespo • Miami New Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11702345
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.