15035 NW 88th CtMiami LakesFL33018
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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 Lakes at 15035 NW 88th Ct, Miami Lakes, FL, 33018 earns $241/mo cash flow from $4,886/mo rent with a $3,426/mo payment. Total monthly income totals $4,886/mo, and annual cash flow totals $2,890/yr on $230,300 capital. ROI tracks 21.32% on current figures, and rental yield reads 8.38% at a $700,000 purchase. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 over five years. Five-year ROI reaches 110.94% and total cumulative return in cash sums $255,484. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,886/mo property income instead of your personal income.
Single Family
Built in 1990
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33018, Hialeah, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,368 (100%) |
| Owner Occupied HU | 13,103 (67.7%) |
| Renter Occupied HU | 5,725 (29.6%) |
| Vacant Housing Units | 540 ( 2.8%) |
| Median Home Value | $488,748 |
| Average Home Value | $545,280 |
Housing Distribution
Address Breakdown
Residential
18,558
Single Family
17,197
Multi-Family
1,361
Businesses
1,602
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Listed by: Rogelio Lucas • Stratwell, LLC
Mls Name: MIAMI
Mls ID: #A11933470