1381 NE 154th StNorth Miami BeachFL33162
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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 Beach at 1381 NE 154th St, North Miami Beach, FL, 33162 uses $132,269 cash to close to unlock $1,621/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $2,783/mo, and a $1,953/mo payment keeps the spread at $135/mo. Purchase price stands at $399,000, and rental yield measures 8.37% with $2,783/mo rent. Return on cash invested shows 21.13% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 110.03% and total cumulative return in cash records $145,538. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,783/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 1954
5,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33162, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,041 (100%) |
| Owner Occupied HU | 7,599 (50.5%) |
| Renter Occupied HU | 6,333 (42.1%) |
| Vacant Housing Units | 1,109 ( 7.4%) |
| Median Home Value | $446,709 |
| Average Home Value | $500,212 |
Housing Distribution
Address Breakdown
Residential
13,934
Single Family
9,360
Multi-Family
4,574
Businesses
1,464
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Listed by: Jason Smith • Keller Williams Capital Realty
Mls Name: MIAMI
Mls ID: #A11871609