12960 SW 66th Ln APT 108-1MiamiFL33183
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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 12960 SW 66th Ln APT 108-1, Miami, FL, 33183 uses $79,560 cash to close to unlock $8,508/yr annual cash flow and $709/mo monthly cash flow. Total monthly income runs $2,302/mo, and a $1,175/mo payment keeps the spread at $709/mo. Purchase price stands at $240,000, and rental yield measures 11.51% with $2,302/mo rent. Return on cash invested shows 30.6% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 160.77% and total cumulative return in cash records $127,910. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,302/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33183, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,381 (100%) |
| Owner Occupied HU | 9,138 (68.3%) |
| Renter Occupied HU | 3,958 (29.6%) |
| Vacant Housing Units | 285 ( 2.1%) |
| Median Home Value | $478,717 |
| Average Home Value | $539,644 |
Housing Distribution
Address Breakdown
Residential
12,533
Single Family
9,515
Multi-Family
3,018
Businesses
500
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