15560 SW 104th Ter APT 611MiamiFL33196
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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 15560 SW 104th Ter APT 611, Miami, FL, 33196 listed at $299,000 pairs $2,856/mo rent with a $1,463/mo payment to leave $872/mo cash flow. Total monthly income runs $2,856/mo, and annual cash flow reaches $10,467/yr on $99,119 cash to close. Return on cash invested measures 30.47% in year one, and rental yield registers 11.46% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 160.07% and total cumulative return in cash totals $158,662. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,856/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
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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