13012 SW 88th Ter N #104-AMiamiFL33186
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 13012 SW 88th Ter N #104-A, Miami, FL, 33186 earns $616/mo cash flow from $3,290/mo rent with a $1,566/mo payment. Total monthly income totals $3,290/mo, and annual cash flow totals $7,388/yr on $106,080 capital. ROI tracks 26.87% on current figures, and rental yield reads 12.34% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 143.03% and total cumulative return in cash sums $151,731. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,290/mo property income instead of your personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
$551 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33186, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,605 (100%) |
| Owner Occupied HU | 16,522 (67.1%) |
| Renter Occupied HU | 7,348 (29.9%) |
| Vacant Housing Units | 735 ( 3.0%) |
| Median Home Value | $505,053 |
| Average Home Value | $567,931 |
Housing Distribution
Address Breakdown
Residential
25,085
Single Family
19,902
Multi-Family
5,183
Businesses
4,623
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Larissa Porta • Luxe Properties
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11688875
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.