15325 SW 106th Ter APT 632, Miami, FL, 33196 | $1,057/mo Cash Flow

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15325 SW 106th Ter APT 632, Miami, FL, 33196 | $1,057/mo Cash Flow | Ziffy

Pending

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Miami at 15325 SW 106th Ter APT 632, Miami, FL, 33196 generates $2,378/mo in rent and, after a $974/mo payment, leaves $1,057/mo in cash flow. Total monthly income is $2,378/mo, and annual cash flow is $12,689/yr on $65,969 invested. Return on cash invested sits at 39.14% in year one, and rental yield is 14.34% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 206.62% and total cumulative return in cash sums $136,302. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,378/mo property income rather than buyer’s personal income.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA

More details about the property

Spacious 1 bed / 1 bath unit in the highly desirable Hammocks area. This bright apartment offers generous living space and abundant natural light. The seller is highly motivated and has priced the property competitively. Please note: this is a short sale and will require approximately 60 days to close. No special assessments and low HOA fees make this a great opportunity for investors or end users. The unit includes one assigned parking space and additional guest parking on a first-come basis

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