12929 NW 24th AveMiamiFL33167
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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 Miami at 12929 NW 24th Ave, Miami, FL, 33167 generates $4,300/mo in rent and, after a $2,741/mo payment, leaves $584/mo in cash flow. Total monthly income is $4,300/mo, and annual cash flow is $7,004/yr on $184,240 invested. Return on cash invested sits at 23.86% in year one, and rental yield is 9.21% on a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 124.59% and total cumulative return in cash sums $229,553. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,300/mo property income rather than buyer’s personal income.
Townhouse
Built in 2022
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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