15600 NW 7th Ave APT 306MiamiFL33169
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 15600 NW 7th Ave APT 306, Miami, FL, 33169 earns from $1,252/mo rent with a $788/mo payment. Total monthly income totals $1,252/mo. ROI tracks 16.67% on current figures, and rental yield reads 9.33% at a $161,000 purchase. Equity gained on principal adds $1,039/yr, and 5% annual appreciation supports $44,481 over five years. Five-year ROI reaches 88.73% and total cumulative return in cash sums $47,355. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,252/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$311 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33169, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,882 (100%) |
| Owner Occupied HU | 7,556 (50.8%) |
| Renter Occupied HU | 6,765 (45.5%) |
| Vacant Housing Units | 561 ( 3.8%) |
| Median Home Value | $413,015 |
| Average Home Value | $503,531 |
Housing Distribution
Address Breakdown
Residential
14,425
Single Family
10,219
Multi-Family
4,206
Businesses
1,437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Luis Ruiz • EXP Realty, LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11625501
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.