12805 NW 6th AvenueNorth MiamiFL33168
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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 North Miami at 12805 NW 6th Avenue, North Miami, FL, 33168 generates $4,565/mo in rent and, after a $3,059/mo payment, leaves $417/mo in cash flow. Total monthly income is $4,565/mo, and annual cash flow is $5,010/yr on $205,625 invested. Return on cash invested sits at 22.5% in year one, and rental yield is 8.76% on a $624,999 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 117.28% and total cumulative return in cash sums $241,152. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,565/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33168, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,814 (100%) |
| Owner Occupied HU | 4,925 (72.3%) |
| Renter Occupied HU | 1,650 (24.2%) |
| Vacant Housing Units | 239 ( 3.5%) |
| Median Home Value | $436,278 |
| Average Home Value | $542,764 |
Housing Distribution
Address Breakdown
Residential
6,691
Single Family
6,606
Multi-Family
85
Businesses
746
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Listed by: Jennifer Chu • Keyes - Boca East
Mls Name: BeachesMLS
Mls ID: #RX-11116237