15410 SW 74th Circle Ct APT 1303MiamiFL33193
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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 15410 SW 74th Circle Ct APT 1303, Miami, FL, 33193 offers a 9.67% rental yield on a $334,900 purchase with $2,700/mo rent. Total monthly income registers $2,700/mo, and a $1,639/mo payment leaves $478/mo available for distribution. Annual cash flow reaches $5,733/yr on $111,019 to close, and return on cash invested stands at 25.07% in year one. Equity gained on principal adds $2,161/yr while 5% annual appreciation supports $92,527 over five years. Portfolio math shows five-year ROI at 131.12% and total cumulative return in cash at $145,573. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,700/mo property income against a $1,639/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No 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
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