15406 SW 85th Ter #187MiamiFL33193
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 15406 SW 85th Ter #187, Miami, FL, 33193 uses $105,749 cash to close to unlock $5,884/yr annual cash flow and $490/mo monthly cash flow. Total monthly income runs $2,870/mo, and a $1,561/mo payment keeps the spread at $490/mo. Purchase price stands at $319,000, and rental yield measures 10.8% with $2,870/mo rent. Return on cash invested shows 25.47% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 134.36% and total cumulative return in cash records $142,081. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,870/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Townhouse
Built in 1977
N/A lot
$N/A/sqft
$262 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33193, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,215 (100%) |
| Owner Occupied HU | 9,297 (61.1%) |
| Renter Occupied HU | 5,546 (36.5%) |
| Vacant Housing Units | 372 ( 2.4%) |
| Median Home Value | $485,162 |
| Average Home Value | $511,895 |
Housing Distribution
Address Breakdown
Residential
15,473
Single Family
10,820
Multi-Family
4,653
Businesses
177
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ivonne Martinez • PropertyDeco
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11720135
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.