151 SE 15th Rd #203/201MiamiFL33129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 151 SE 15th Rd #203/201, Miami, FL, 33129 earns from $6,030/mo rent with a $8,810/mo payment. Total monthly income totals $6,030/mo. ROI tracks 8.2% on current figures, and rental yield reads 4.02% at a $1,800,000 purchase. Equity gained on principal adds $11,615/yr, and 5% annual appreciation supports $497,307 over five years. Five-year ROI reaches 40.55% and total cumulative return in cash sums $236,459. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,030/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33129, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 3,864 (48.5%) |
| Renter Occupied HU | 3,156 (39.7%) |
| Vacant Housing Units | 939 (11.8%) |
| Median Home Value | $731,163 |
| Average Home Value | $873,278 |
Housing Distribution
Address Breakdown
Residential
7,737
Single Family
1,778
Multi-Family
5,959
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices