1500 Bay Rd APT 834SMiami BeachFL33139
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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 Beach at 1500 Bay Rd APT 834S, Miami Beach, FL, 33139 earns $1,757/mo cash flow from $7,414/mo rent with a $2,936/mo payment. Total monthly income totals $7,414/mo, and annual cash flow totals $21,086/yr on $197,367 capital. ROI tracks 30.74% on current figures, and rental yield reads 14.83% at a $599,900 purchase. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 over five years. Five-year ROI reaches 165.21% and total cumulative return in cash sums $326,068. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,414/mo property income instead of your personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
$1,500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33139, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,073 (100%) |
| Owner Occupied HU | 8,020 (26.7%) |
| Renter Occupied HU | 13,441 (44.7%) |
| Vacant Housing Units | 8,612 (28.6%) |
| Median Home Value | $757,323 |
| Average Home Value | $1,011,532 |
Housing Distribution
Address Breakdown
Residential
27,623
Single Family
3,294
Multi-Family
24,329
Businesses
2,457
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Listed by: Phillip Muskat • The Muskat Group, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11522852
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.