1335 NW 188th StMiami GardensFL33169
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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 Gardens at 1335 NW 188th St, Miami Gardens, FL, 33169 listed at $460,000 pairs $4,034/mo rent with a $2,251/mo payment to leave $982/mo cash flow. Total monthly income runs $4,034/mo, and annual cash flow reaches $11,782/yr on $152,490 cash to close. Return on cash invested measures 27.64% in year one, and rental yield registers 10.52% at a $460,000 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,090 by year five. Five-year ROI tracks 144.85% and total cumulative return in cash totals $220,885. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,034/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33169, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,882 (100%) |
| Owner Occupied HU | 7,556 (50.8%) |
| Renter Occupied HU | 6,765 (45.5%) |
| Vacant Housing Units | 561 ( 3.8%) |
| Median Home Value | $413,015 |
| Average Home Value | $503,531 |
Housing Distribution
Address Breakdown
Residential
14,425
Single Family
10,219
Multi-Family
4,206
Businesses
1,437
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Listed by: Durshan Burke • Align Right Realty K1 Group
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11764896
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.