1321 NW 28th StMiamiFL33142
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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 1321 NW 28th St, Miami, FL, 33142 uses $229,971 cash to close to unlock $127/yr annual cash flow and $11/mo monthly cash flow. Total monthly income runs $4,649/mo, and a $3,421/mo payment keeps the spread at $11/mo. Purchase price stands at $699,000, and rental yield measures 7.98% with $4,649/mo rent. Return on cash invested shows 20.12% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 104.51% and total cumulative return in cash records $240,338. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,649/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Multi Family
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33142, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,089 (100%) |
| Owner Occupied HU | 5,879 (26.6%) |
| Renter Occupied HU | 14,179 (64.2%) |
| Vacant Housing Units | 2,031 ( 9.2%) |
| Median Home Value | $372,271 |
| Average Home Value | $458,309 |
Housing Distribution
Address Breakdown
Residential
18,741
Single Family
12,877
Multi-Family
5,864
Businesses
3,005
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