15983 SW 109th StMiamiFL33196
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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 15983 SW 109th St, Miami, FL, 33196 listed at $690,900 pairs $6,011/mo rent with a $3,382/mo payment to leave $1,315/mo cash flow. Total monthly income runs $6,011/mo, and annual cash flow reaches $15,784/yr on $227,306 cash to close. Return on cash invested measures 27% in year one, and rental yield registers 10.44% at a $690,900 basis. Equity gained on principal adds $4,458/yr, and annual property appreciation at 5% supports $190,883 by year five. Five-year ROI tracks 141.67% and total cumulative return in cash totals $322,023. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,011/mo property income relative to a $3,382/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
7,150 sqft lot
$N/A/sqft
$331 quarterly 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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Listed by: Elaine Perez • The Elaine Group, Inc.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11725289
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.