14951 Royal Oaks Ln #1607North MiamiFL33181
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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 North Miami at 14951 Royal Oaks Ln #1607, North Miami, FL, 33181 earns $1,616/mo cash flow from $4,867/mo rent with a $2,398/mo payment. Total monthly income totals $4,867/mo, and annual cash flow totals $19,387/yr on $162,435 capital. ROI tracks 31.84% on current figures, and rental yield reads 11.92% at a $490,000 purchase. Equity gained on principal adds $3,162/yr, and 5% annual appreciation supports $135,378 over five years. Five-year ROI reaches 167.43% and total cumulative return in cash sums $271,968. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,867/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33181, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,248 (100%) |
| Owner Occupied HU | 3,662 (35.7%) |
| Renter Occupied HU | 5,585 (54.5%) |
| Vacant Housing Units | 1,001 ( 9.8%) |
| Median Home Value | $566,099 |
| Average Home Value | $739,800 |
Housing Distribution
Address Breakdown
Residential
10,082
Single Family
2,747
Multi-Family
7,335
Businesses
1,260
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Listed by: Denice Sant Anna • United Realty Group Inc.
Mls Name: BeachesMLS
Mls ID: #F10547970