16234 NE 9th CtNorth Miami BeachFL33162
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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 North Miami Beach at 16234 NE 9th Ct, North Miami Beach, FL, 33162 listed at $550,000 pairs $4,192/mo rent with a $2,692/mo payment to leave $542/mo cash flow. Total monthly income runs $4,192/mo, and annual cash flow reaches $6,505/yr on $180,950 cash to close. Return on cash invested measures 23.66% in year one, and rental yield registers 9.15% at a $550,000 basis. Equity gained on principal adds $3,549/yr, and annual property appreciation at 5% supports $151,955 by year five. Five-year ROI tracks 123.51% and total cumulative return in cash totals $223,498. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,192/mo property income relative to a $2,692/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
6,890 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33162, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,041 (100%) |
| Owner Occupied HU | 7,599 (50.5%) |
| Renter Occupied HU | 6,333 (42.1%) |
| Vacant Housing Units | 1,109 ( 7.4%) |
| Median Home Value | $446,709 |
| Average Home Value | $500,212 |
Housing Distribution
Address Breakdown
Residential
13,934
Single Family
9,360
Multi-Family
4,574
Businesses
1,464
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Listed by: Iuliia Simon • J Simon, LLC.
Mls Name: MIAMI
Mls ID: #A11934535