1300 S Miami Ave #2003MiamiFL33128
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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 1300 S Miami Ave #2003, Miami, FL, 33128 earns $835/mo cash flow from $5,452/mo rent with a $3,405/mo payment. Total monthly income totals $5,452/mo, and annual cash flow totals $10,023/yr on $228,892 capital. ROI tracks 24.44% on current figures, and rental yield reads 9.4% at a $695,719 purchase. Equity gained on principal adds $4,489/yr, and 5% annual appreciation supports $192,214 over five years. Five-year ROI reaches 127.7% and total cumulative return in cash sums $292,300. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,452/mo property income instead of your personal income.
Condo
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33128, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,704 (100%) |
| Owner Occupied HU | 166 ( 3.5%) |
| Renter Occupied HU | 4,201 (89.3%) |
| Vacant Housing Units | 337 ( 7.2%) |
| Median Home Value | $407,547 |
| Average Home Value | $427,500 |
Housing Distribution
Address Breakdown
Residential
4,351
Single Family
697
Multi-Family
3,654
Businesses
402
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