1478 NW 1st St APT 302MiamiFL33125
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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 1478 NW 1st St APT 302, Miami, FL, 33125 offers a 10.01% rental yield on a $169,900 purchase with $1,417/mo rent. 78% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 75.09% and total cumulative return in cash at $42,290. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,417/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
$513 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33125, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,408 (100%) |
| Owner Occupied HU | 5,441 (24.3%) |
| Renter Occupied HU | 15,974 (71.3%) |
| Vacant Housing Units | 993 ( 4.4%) |
| Median Home Value | $475,381 |
| Average Home Value | $585,368 |
Housing Distribution
Address Breakdown
Residential
20,334
Single Family
9,534
Multi-Family
10,800
Businesses
1,066
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Listed by: Montserrat Presas • Casabella Miami Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11702384
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.