13924 SW 93rd Ln #13924MiamiFL33186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 13924 SW 93rd Ln #13924, Miami, FL, 33186 uses $84,533 cash to close to unlock $4,978/yr annual cash flow and $415/mo monthly cash flow. Total monthly income runs $2,436/mo, and a $1,248/mo payment keeps the spread at $415/mo. Purchase price stands at $255,000, and rental yield measures 11.46% with $2,436/mo rent. Return on cash invested shows 25.8% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 136.7% and total cumulative return in cash records $115,556. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,436/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$329 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33186, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,605 (100%) |
| Owner Occupied HU | 16,522 (67.1%) |
| Renter Occupied HU | 7,348 (29.9%) |
| Vacant Housing Units | 735 ( 3.0%) |
| Median Home Value | $505,053 |
| Average Home Value | $567,931 |
Housing Distribution
Address Breakdown
Residential
25,085
Single Family
19,902
Multi-Family
5,183
Businesses
4,623
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandon Beyrle • Onepath Realty LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11669502
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.