16247 SW 46th TerMiamiFL33185
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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 16247 SW 46th Ter, Miami, FL, 33185 uses $140,888 cash to close to unlock $24,909/yr annual cash flow and $2,076/mo monthly cash flow. Total monthly income runs $5,066/mo, and a $2,080/mo payment keeps the spread at $2,076/mo. Purchase price stands at $425,000, and rental yield measures 14.3% with $5,066/mo rent. Return on cash invested shows 37.59% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 198.76% and total cumulative return in cash records $280,025. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,066/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 2000
3,313 sqft lot
$N/A/sqft
$170 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33185, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,360 (100%) |
| Owner Occupied HU | 7,020 (84.0%) |
| Renter Occupied HU | 1,228 (14.7%) |
| Vacant Housing Units | 112 ( 1.3%) |
| Median Home Value | $575,261 |
| Average Home Value | $630,054 |
Housing Distribution
Address Breakdown
Residential
8,610
Single Family
8,550
Multi-Family
60
Businesses
236
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Listed by: Christian Torzel • United Realty Group Inc
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11616344
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.