1411 NW 40th StMiamiFL33142
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 1411 NW 40th St, Miami, FL, 33142 uses $328,013 cash to close to unlock $3,307/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $6,892/mo, and a $4,880/mo payment keeps the spread at $276/mo. Purchase price stands at $997,000, and rental yield measures 8.3% with $6,892/mo rent. Return on cash invested shows 21.07% in year one, and 5% annual appreciation builds toward $275,453 over five years. Five-year ROI reaches 109.62% and total cumulative return in cash records $359,554. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,892/mo property income covering a $4,880/mo payment rather than investor’s personal income.
Single Family
Built in 1949
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33142, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,089 (100%) |
| Owner Occupied HU | 5,879 (26.6%) |
| Renter Occupied HU | 14,179 (64.2%) |
| Vacant Housing Units | 2,031 ( 9.2%) |
| Median Home Value | $372,271 |
| Average Home Value | $458,309 |
Housing Distribution
Address Breakdown
Residential
18,741
Single Family
12,877
Multi-Family
5,864
Businesses
3,005
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices