16640 SW 196th StMiamiFL33187
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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 16640 SW 196th St, Miami, FL, 33187 uses $218,785 cash to close to unlock $3,777/yr annual cash flow and $315/mo monthly cash flow. Total monthly income runs $4,728/mo, and a $3,255/mo payment keeps the spread at $315/mo. Purchase price stands at $665,000, and rental yield measures 8.53% with $4,728/mo rent. Return on cash invested shows 21.79% in year one, and 5% annual appreciation builds toward $183,727 over five years. Five-year ROI reaches 113.46% and total cumulative return in cash records $248,239. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,728/mo property income covering a $3,255/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33187, Miami, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,846 (100%) |
| Owner Occupied HU | 4,928 (84.3%) |
| Renter Occupied HU | 777 (13.3%) |
| Vacant Housing Units | 141 ( 2.4%) |
| Median Home Value | $583,196 |
| Average Home Value | $610,408 |
Housing Distribution
Address Breakdown
Residential
6,003
Single Family
5,494
Multi-Family
509
Businesses
209
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