15609 SW 73rd Circle Ter #5-8MiamiFL33193
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
Rental property for sale in Miami at 15609 SW 73rd Circle Ter #5-8, Miami, FL, 33193 generates $1,773/mo in rent, after a $1,224/mo payment. Total monthly income is $1,773/mo. Return on cash invested sits at 16.05% in year one, and rental yield is 8.51% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 84.76% and total cumulative return in cash sums $70,246. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,773/mo property income rather than buyer’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$380 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nordis Forcade-Martin • Keller Williams Capital Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11610442
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.