1581 Brickell Ave APT 1907MiamiFL33129
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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 1581 Brickell Ave APT 1907, Miami, FL, 33129 earns $420/mo cash flow from $6,112/mo rent with a $3,139/mo payment. Total monthly income totals $6,112/mo, and annual cash flow totals $5,044/yr on $211,021 capital. ROI tracks 22.45% on current figures, and rental yield reads 11.43% at a $641,400 purchase. Equity gained on principal adds $4,139/yr, and 5% annual appreciation supports $177,207 over five years. Five-year ROI reaches 119.99% and total cumulative return in cash sums $253,214. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,112/mo property income instead of your personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$1,295 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33129, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 3,864 (48.5%) |
| Renter Occupied HU | 3,156 (39.7%) |
| Vacant Housing Units | 939 (11.8%) |
| Median Home Value | $731,163 |
| Average Home Value | $873,278 |
Housing Distribution
Address Breakdown
Residential
7,737
Single Family
1,778
Multi-Family
5,959
Businesses
312
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Listed by: Magin Hernandez • Magin New World Realty
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11464998
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.