12509 NW 23rd PlMiamiFL33167
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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 12509 NW 23rd Pl, Miami, FL, 33167 uses $184,240 cash to close to unlock $1,496/yr annual cash flow and $125/mo monthly cash flow. Total monthly income runs $3,841/mo, and a $2,741/mo payment keeps the spread at $125/mo. Purchase price stands at $560,000, and rental yield measures 8.23% with $3,841/mo rent. Return on cash invested shows 20.87% in year one, and 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 108.57% and total cumulative return in cash records $200,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,841/mo property income covering a $2,741/mo payment rather than investor’s personal income.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33167, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,764 (100%) |
| Owner Occupied HU | 4,143 (61.3%) |
| Renter Occupied HU | 2,411 (35.6%) |
| Vacant Housing Units | 210 ( 3.1%) |
| Median Home Value | $424,346 |
| Average Home Value | $492,364 |
Housing Distribution
Address Breakdown
Residential
6,638
Single Family
5,513
Multi-Family
1,125
Businesses
298
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