13022 SW 88 Terrace North #201MiamiFL33186
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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 13022 SW 88 Terrace North #201, Miami, FL, 33186 uses $96,135 cash to close to unlock $1,847/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $2,078/mo, and a $1,419/mo payment keeps the spread at $154/mo. Purchase price stands at $290,000, and rental yield measures 8.6% with $2,078/mo rent. Return on cash invested shows 21.83% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 113.73% and total cumulative return in cash records $109,336. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,078/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Townhouse
Built in 1990
N/A lot
$N/A/sqft
No 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
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