1239 NW 31st StMiamiFL33142
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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 1239 NW 31st St, Miami, FL, 33142 earns $210/mo cash flow from $2,599/mo rent with a $1,762/mo payment. Total monthly income totals $2,599/mo, and annual cash flow totals $2,520/yr on $119,340 capital. ROI tracks 22.02% on current figures, and rental yield reads 8.66% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 114.74% and total cumulative return in cash sums $136,929. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,599/mo property income instead of your personal income.
Multi Family
Built in 1941
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33142, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,089 (100%) |
| Owner Occupied HU | 5,879 (26.6%) |
| Renter Occupied HU | 14,179 (64.2%) |
| Vacant Housing Units | 2,031 ( 9.2%) |
| Median Home Value | $372,271 |
| Average Home Value | $458,309 |
Housing Distribution
Address Breakdown
Residential
18,741
Single Family
12,877
Multi-Family
5,864
Businesses
3,005
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