15560 SW 106th Ln APT 1310MiamiFL33196
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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 106th Ln APT 1310, Miami, FL, 33196 uses $107,738 cash to close to unlock $8,088/yr annual cash flow and $674/mo monthly cash flow. Total monthly income runs $2,831/mo, and a $1,591/mo payment keeps the spread at $674/mo. Purchase price stands at $325,000, and rental yield measures 10.45% with $2,831/mo rent. Return on cash invested shows 27.42% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 143.68% and total cumulative return in cash records $154,801. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,831/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Condo
Built in 1988
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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