15325 SW 106th Ter APT 618MiamiFL33196
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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 15325 SW 106th Ter APT 618, Miami, FL, 33196 uses $101,108 cash to close to unlock $10,641/yr annual cash flow and $887/mo monthly cash flow. Total monthly income runs $2,911/mo, and a $1,493/mo payment keeps the spread at $887/mo. Purchase price stands at $305,000, and rental yield measures 11.45% with $2,911/mo rent. Return on cash invested shows 30.43% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 159.86% and total cumulative return in cash records $161,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,911/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33196, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,647 (100%) |
| Owner Occupied HU | 11,084 (62.8%) |
| Renter Occupied HU | 5,630 (31.9%) |
| Vacant Housing Units | 933 ( 5.3%) |
| Median Home Value | $488,028 |
| Average Home Value | $533,929 |
Housing Distribution
Address Breakdown
Residential
17,517
Single Family
13,976
Multi-Family
3,541
Businesses
524
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