16618 NW 71st Ave, Miami Lakes, FL, 33014 | 7.92% Rental Yield | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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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
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Investment Highlights

Rental property for sale in Miami Lakes at 16618 NW 71st Ave, Miami Lakes, FL, 33014 generates $3,200/mo in rent, after a $2,372/mo payment. Total monthly income is $3,200/mo. Return on cash invested sits at 19.79% in year one, and rental yield is 7.92% on a $484,700 entry. Equity gained on principal adds $3,128/yr, while 5% annual appreciation builds toward $133,914 over five years. Five-year ROI reaches 102.77% and total cumulative return in cash sums $165,136. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,200/mo property income rather than buyer’s personal income.

Townhouse

Built in 1997

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream home in the heart of Miami Lakes! This 1,260 sqft gem has been fully remodeled, blending comfort and peace of mind. Downstairs features elegant porcelain floors, a spacious kitchen, and a bright open living areaperfect for entertaining. Upstairs, luxury vinyl floors lead you to a large primary suite with a spa-like bath. Upgrades include impact windows & doors, 2020 Rheem AC, tankless water heater, water softener, and a newer washer/dryer conveniently upstairs. Energy-efficient and move-in ready! Outside, enjoy your private yard plus a community pool and dog park. With low HOA fees and a prime location near shopping, dining, and top schools, this home has it all. Schedule your showing todayyour next chapter starts in Miami Lakes!

Neighborhood Data

Neighborhood data shown for ZIP Code: 33014, Hialeah, FL area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)16,454 (100%)
Owner Occupied HU6,918 (42.0%)
Renter Occupied HU8,748 (53.2%)
Vacant Housing Units788 ( 4.8%)
Median Home Value$513,421
Average Home Value$573,531

Address Breakdown

Residential

16,190

Single Family

9,197

Multi-Family

6,993

Businesses

2,055

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: Townhouse
  • Year Built: 1997
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: 2 Or More Spaces, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Location

  • City: Miami Lakes
  • State: FL
  • Subdivision: N/A
  • Lot Size: N/A
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Elizabeth Coto • One Sotheby's International Realty 

Mls Name: MIAMI

Mls ID: #A11884303

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