15061 SW 119th LnMiamiFL33196
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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 15061 SW 119th Ln, Miami, FL, 33196 uses $177,660 cash to close to unlock $514/yr annual cash flow and $43/mo monthly cash flow. Total monthly income runs $4,039/mo, and a $2,643/mo payment keeps the spread at $43/mo. Purchase price stands at $540,000, and rental yield measures 8.98% with $4,039/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 106.77% and total cumulative return in cash records $189,686. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,039/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Townhouse
Built in 2017
N/A lot
$N/A/sqft
$126 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33196, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,647 (100%) |
| Owner Occupied HU | 11,084 (62.8%) |
| Renter Occupied HU | 5,630 (31.9%) |
| Vacant Housing Units | 933 ( 5.3%) |
| Median Home Value | $488,028 |
| Average Home Value | $533,929 |
Housing Distribution
Address Breakdown
Residential
17,517
Single Family
13,976
Multi-Family
3,541
Businesses
524
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Listed by: Dominick Martinez • EXP Realty South LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11903564
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.