13151 SW 62nd Ter APT 103MiamiFL33183
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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 13151 SW 62nd Ter APT 103, Miami, FL, 33183 earns $50/mo cash flow from $1,577/mo rent with a $1,126/mo payment. Total monthly income totals $1,577/mo, and annual cash flow totals $605/yr on $76,245 capital. ROI tracks 20.7% on current figures, and rental yield reads 8.23% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 107.71% and total cumulative return in cash sums $82,123. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,577/mo property income instead of your personal income.
Condo
Built in 1989
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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