13466 SW 62nd St APT 105-B, Miami, FL, 33183 | $103/mo Cash Flow

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13466 SW 62nd St APT 105-B, Miami, FL, 33183 | $103/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Miami at 13466 SW 62nd St APT 105-B, Miami, FL, 33183 offers a 8.24% rental yield on a $440,000 purchase with $3,023/mo rent. Total monthly income registers $3,023/mo, and a $2,154/mo payment leaves $103/mo available for distribution. Annual cash flow reaches $1,232/yr on $145,860 to close, and return on cash invested stands at 20.75% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,564 over five years. Portfolio math shows five-year ROI at 107.96% and total cumulative return in cash at $157,474. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,023/mo property income against a $2,154/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

Stunning modern townhouse offering 2 bedrooms and a den with widow and closet and 3 bathrooms in a sought-after neighborhood. Recently updated, this home features a spacious open kitchen with quartz counters, sleek appliances, and contemporary finishes. The first floor showcases beautiful tile flooring, open concept living, step out to an indoor/outdoor summer kitchen and then to your private fenced patio, ideal for both relaxation and entertaining. the upstairs is complemented by durable vinyl floors. Recessed lighting. With hurricane impact windows throughout.

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