1300 S Miami Ave UNIT 1207MiamiFL33130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 UNIT 1207, Miami, FL, 33130 listed at $595,000 pairs $4,009/mo rent with a $2,912/mo payment to leave $61/mo cash flow. Total monthly income runs $4,009/mo, and annual cash flow reaches $729/yr on $195,755 cash to close. Return on cash invested measures 20.43% in year one, and rental yield registers 8.09% at a $595,000 basis. Equity gained on principal adds $3,839/yr, and annual property appreciation at 5% supports $164,388 by year five. Five-year ROI tracks 106.21% and total cumulative return in cash totals $207,902. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,009/mo property income relative to a $2,912/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33130, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,653 (100%) |
| Owner Occupied HU | 4,176 (19.3%) |
| Renter Occupied HU | 15,484 (71.5%) |
| Vacant Housing Units | 1,993 ( 9.2%) |
| Median Home Value | $526,147 |
| Average Home Value | $612,036 |
Housing Distribution
Address Breakdown
Residential
19,316
Single Family
1,927
Multi-Family
17,389
Businesses
1,387
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices