1250 S Miami Ave #3106MiamiFL33131
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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 1250 S Miami Ave #3106, Miami, FL, 33131 earns $1,915/mo cash flow from $7,147/mo rent with a $3,859/mo payment. Total monthly income totals $7,147/mo, and annual cash flow totals $22,976/yr on $259,417 capital. ROI tracks 28.92% on current figures, and rental yield reads 10.88% at a $788,500 purchase. Equity gained on principal adds $5,088/yr, and 5% annual appreciation supports $217,848 over five years. Five-year ROI reaches 151.7% and total cumulative return in cash sums $393,537. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,147/mo property income instead of your personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33131, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,011 (100%) |
| Owner Occupied HU | 5,504 (29.0%) |
| Renter Occupied HU | 9,843 (51.8%) |
| Vacant Housing Units | 3,664 (19.3%) |
| Median Home Value | $721,381 |
| Average Home Value | $849,940 |
Housing Distribution
Address Breakdown
Residential
17,448
Single Family
3
Multi-Family
17,445
Businesses
2,221
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