1627 Brickell Ave APT 701MiamiFL33129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Miami at 1627 Brickell Ave APT 701, Miami, FL, 33129 generates $11,760/mo in rent and, after a $4,650/mo payment, leaves $3,632/mo in cash flow. Total monthly income is $11,760/mo, and annual cash flow is $43,589/yr on $312,550 invested. Return on cash invested sits at 34.01% in year one, and rental yield is 14.85% on a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 181.54% and total cumulative return in cash sums $567,410. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $11,760/mo property income rather than buyer’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$1,823 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jorge Guanche • Compass Florida, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11648598
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.