13370 NE 5th AveNorth MiamiFL33161
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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 North Miami at 13370 NE 5th Ave, North Miami, FL, 33161 listed at $580,000 pairs $4,945/mo rent with a $2,839/mo payment to leave $1,096/mo cash flow. Total monthly income runs $4,945/mo, and annual cash flow reaches $13,150/yr on $190,820 cash to close. Return on cash invested measures 26.95% in year one, and rental yield registers 10.23% at a $580,000 basis. Equity gained on principal adds $3,743/yr, and annual property appreciation at 5% supports $160,243 by year five. Five-year ROI tracks 141.17% and total cumulative return in cash totals $269,373. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,945/mo property income relative to a $2,839/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
10,349 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33161, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,055 (100%) |
| Owner Occupied HU | 7,835 (39.1%) |
| Renter Occupied HU | 10,594 (52.8%) |
| Vacant Housing Units | 1,626 ( 8.1%) |
| Median Home Value | $506,588 |
| Average Home Value | $542,699 |
Housing Distribution
Address Breakdown
Residential
17,553
Single Family
10,194
Multi-Family
7,359
Businesses
1,270
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Listed by: Jeff Bourdeau • United Realty Group Inc
Mls Name: BeachesMLS
Mls ID: #F10516213