16385 Biscayne Blvd UNIT 301AventuraFL33160
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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 Aventura at 16385 Biscayne Blvd UNIT 301, Aventura, FL, 33160 earns $912/mo cash flow from $6,752/mo rent with a $4,307/mo payment. Total monthly income totals $6,752/mo, and annual cash flow totals $10,948/yr on $289,520 capital. ROI tracks 23.84% on current figures, and rental yield reads 9.21% at a $880,000 purchase. Equity gained on principal adds $5,679/yr, and 5% annual appreciation supports $243,128 over five years. Five-year ROI reaches 124.49% and total cumulative return in cash sums $360,428. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,752/mo property income instead of your personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33160, North Miami Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,783 (100%) |
| Owner Occupied HU | 11,722 (34.7%) |
| Renter Occupied HU | 9,418 (27.9%) |
| Vacant Housing Units | 12,643 (37.4%) |
| Median Home Value | $574,494 |
| Average Home Value | $785,897 |
Housing Distribution
Address Breakdown
Residential
30,347
Single Family
2,370
Multi-Family
27,977
Businesses
1,198
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