1611 SW 93rd CtMiamiFL33165
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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 1611 SW 93rd Ct, Miami, FL, 33165 offers a 8.29% rental yield on a $795,000 purchase with $5,494/mo rent. Total monthly income registers $5,494/mo, and a $3,891/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,620/yr on $261,555 to close, and return on cash invested stands at 21.06% in year one. Equity gained on principal adds $5,130/yr while 5% annual appreciation supports $219,644 over five years. Portfolio math shows five-year ROI at 109.58% and total cumulative return in cash at $286,618. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,494/mo property income against a $3,891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33165, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,482 (100%) |
| Owner Occupied HU | 12,239 (70.0%) |
| Renter Occupied HU | 4,886 (27.9%) |
| Vacant Housing Units | 357 ( 2.0%) |
| Median Home Value | $552,675 |
| Average Home Value | $584,626 |
Housing Distribution
Address Breakdown
Residential
17,615
Single Family
15,903
Multi-Family
1,712
Businesses
1,103
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