13155 Ixora Ct APT 201North MiamiFL33181
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 North Miami at 13155 Ixora Ct APT 201, North Miami, FL, 33181 uses $82,544 cash to close to unlock $808/yr annual cash flow and $67/mo monthly cash flow. Total monthly income runs $1,720/mo, and a $1,219/mo payment keeps the spread at $67/mo. Purchase price stands at $249,000, and rental yield measures 8.29% with $1,720/mo rent. Return on cash invested shows 20.89% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 108.72% and total cumulative return in cash records $89,744. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,720/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33181, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,248 (100%) |
| Owner Occupied HU | 3,662 (35.7%) |
| Renter Occupied HU | 5,585 (54.5%) |
| Vacant Housing Units | 1,001 ( 9.8%) |
| Median Home Value | $566,099 |
| Average Home Value | $739,800 |
Housing Distribution
Address Breakdown
Residential
10,082
Single Family
2,747
Multi-Family
7,335
Businesses
1,260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nerida Deza • Keller Williams Capital Realty
Mls Name: MIAMI
Mls ID: #A11941345