1531 NW 62nd TerMiamiFL33147
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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 1531 NW 62nd Ter, Miami, FL, 33147 earns $1,161/mo cash flow from $3,649/mo rent with a $1,835/mo payment. Total monthly income totals $3,649/mo, and annual cash flow totals $13,930/yr on $124,313 capital. ROI tracks 31.11% on current figures, and rental yield reads 11.68% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 163.52% and total cumulative return in cash sums $203,271. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,649/mo property income instead of your personal income.
Single Family
Built in 1951
3,402 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33147, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,194 (100%) |
| Owner Occupied HU | 8,004 (46.6%) |
| Renter Occupied HU | 7,965 (46.3%) |
| Vacant Housing Units | 1,225 ( 7.1%) |
| Median Home Value | $361,375 |
| Average Home Value | $439,784 |
Housing Distribution
Address Breakdown
Residential
15,644
Single Family
13,675
Multi-Family
1,969
Businesses
1,174
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