1530 SW 2nd St APT 103MiamiFL33135
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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 at 1530 SW 2nd St APT 103, Miami, FL, 33135 generates $1,401/mo in rent and, after a $881/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,401/mo, and annual cash flow is $2,478/yr on $59,670 invested. Return on cash invested sits at 24.06% in year one, and rental yield is 9.34% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 125.74% and total cumulative return in cash sums $75,029. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,401/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33135, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,086 (100%) |
| Owner Occupied HU | 3,113 (19.4%) |
| Renter Occupied HU | 12,228 (76.0%) |
| Vacant Housing Units | 745 ( 4.6%) |
| Median Home Value | $498,278 |
| Average Home Value | $586,356 |
Housing Distribution
Address Breakdown
Residential
14,368
Single Family
5,971
Multi-Family
8,397
Businesses
1,613
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