1400 NE 191st St APT 323MiamiFL33179
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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 at 1400 NE 191st St APT 323, Miami, FL, 33179 listed at $180,900 pairs $1,410/mo rent with a $885/mo payment to leave $210/mo cash flow. Total monthly income runs $1,410/mo, and annual cash flow reaches $2,519/yr on $59,968 cash to close. Return on cash invested measures 24.11% in year one, and rental yield registers 9.35% at a $180,900 basis. Equity gained on principal adds $1,167/yr, and annual property appreciation at 5% supports $49,979 by year five. Five-year ROI tracks 125.93% and total cumulative return in cash totals $75,515. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,410/mo property income relative to a $885/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33179, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,897 (100%) |
| Owner Occupied HU | 11,708 (56.0%) |
| Renter Occupied HU | 7,888 (37.7%) |
| Vacant Housing Units | 1,301 ( 6.2%) |
| Median Home Value | $417,762 |
| Average Home Value | $504,468 |
Housing Distribution
Address Breakdown
Residential
19,454
Single Family
9,651
Multi-Family
9,803
Businesses
873
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