1520 Euclid Ave APT 8Miami 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
Rental property for sale in Miami Beach at 1520 Euclid Ave APT 8, Miami Beach, FL, 33139 offers $2,209/mo rent that, after a $1,317/mo payment, leaves $423/mo cash flow. Total monthly income is $2,209/mo, and annual cash flow is $5,082/yr on $89,174 cash. Return on cash invested measures 25.61% in year one, and rental yield stands at 9.85% at a $269,000 entry. Equity gained on principal adds $1,736/yr while 5% annual appreciation compounds into $74,320 by year five. Five-year ROI records 134% and total cumulative return in cash reaches $119,495. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,209/mo property income versus a $1,317/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1947
N/A lot
$N/A/sqft
No 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: Claudio Bagliani • COSMORE Florida Corp.
Mls Name: MIAMI
Mls ID: #A11918161