15121 Fisher Island Dr #15121Miami BeachFL33109
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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
Total monthly income runs $6,207/mo, and a $9,300/mo payment. Purchase price stands at $1,900,000, and rental yield measures 3.92% with $6,207/mo rent. Return on cash invested shows -0.78% in year one, and 5% annual appreciation builds toward $524,935 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,207/mo property income covering a $9,300/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$13,345 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33109, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 956 (100%) |
| Owner Occupied HU | 289 (30.2%) |
| Renter Occupied HU | 18 ( 1.9%) |
| Vacant Housing Units | 649 (67.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,974,913 |
Housing Distribution
Address Breakdown
Residential
751
Single Family
0
Multi-Family
751
Businesses
25
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Listed by: Jill Eber • Coldwell Banker Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11724497
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