15512 Fisher Island Dr #15512Miami BeachFL33109
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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 Beach at 15512 Fisher Island Dr #15512, Miami Beach, FL, 33109 listed at $1,850,000 pairs $6,167/mo rent with a $9,055/mo payment. Total monthly income runs $6,167/mo. Return on cash invested measures 8.14% in year one, and rental yield registers 4% at a $1,850,000 basis. Equity gained on principal adds $11,938/yr, and annual property appreciation at 5% supports $511,121 by year five. Five-year ROI tracks 40.21% and total cumulative return in cash totals $241,045. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,167/mo property income relative to a $9,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33109, Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 956 (100%) |
| Owner Occupied HU | 289 (30.2%) |
| Renter Occupied HU | 18 ( 1.9%) |
| Vacant Housing Units | 649 (67.9%) |
| Median Home Value | $2,000,001 |
| Average Home Value | $1,974,913 |
Housing Distribution
Address Breakdown
Residential
751
Single Family
0
Multi-Family
751
Businesses
25
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Listed by: Karla Abaunza • Luxury Living Realty
Mls Name: MIAMI
Mls ID: #A11879702