1470 NW 206th TerraceMiami GardensFL33169
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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
Rental property for sale in Miami Gardens at 1470 NW 206th Terrace, Miami Gardens, FL, 33169 generates $5,566/mo in rent and, after a $4,038/mo payment, leaves $91/mo in cash flow. Total monthly income is $5,566/mo, and annual cash flow is $1,093/yr on $271,425 invested. Return on cash invested sits at 20.46% in year one, and rental yield is 8.1% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 106.38% and total cumulative return in cash sums $288,741. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,566/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
6,246 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33169, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,882 (100%) |
| Owner Occupied HU | 7,556 (50.8%) |
| Renter Occupied HU | 6,765 (45.5%) |
| Vacant Housing Units | 561 ( 3.8%) |
| Median Home Value | $413,015 |
| Average Home Value | $503,531 |
Housing Distribution
Address Breakdown
Residential
14,425
Single Family
10,219
Multi-Family
4,206
Businesses
1,437
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Listed by: Michael McIntosh • Real Estate Solutions 2000
Mls Name: BeachesMLS
Mls ID: #RX-11147947